Little Bo Beep Corporation issued 5,000 shares of $2 par value common stock.The issue price was $7.50 per share.The entry to record this transaction includes a:

a)

debit to Cash for $10,000.

b)

debit to Paid-in Capital in Excess of Par for $27,500.

c)

credit to Common Stock for $10,000.

d)

credit to Gain on Stock $37,500.

e)

None of these.