Cullumber Company is authorized to issue $9200$ shares of $8\%,$$$100$ par value preferred stock and $460000$ shares of no$-$par common stock with a stated value of $$1$ per share. If Cullumber issues $9200$ shares of common stock to pay its recent attorney's bill of $$46000$ for legal services on a land access dispute, which of the following would be the best journal entry for Cullumber to record?

Legal Expense

$9200$

Common Stock

$9200$

$$ Legal Expense $46000$

Common Stock

$46000$

$$ Legal Expense

$46000$

Common Stock

$9200$

Paid$-$in Capital in Excess of Stated Value $-$ Common

$36800$

$$ Legal Expense

$46000$

Common Stock

$9200$