Marin Company issued 700 shares of no-par common stock for $3500. Which of the following would occur if the stock has stated value of $2 per share?

a.	Increase Cash and increase Common Stock for $3500.

b.	Increase Cash for $3500 and increase Common Stock $1400 and Paid-in Capital in Excess of Par $2100.

c.	Increase Cash for $3500 and increase Common Stock for $1400 and Paid-in Capital in Excess of Stated Value for $2100.

d.	Decrease Common Stock and decrease Cash for $3500.