Miller, Inc. issued, for $76 per share, 5,000 shares of $40 par value common stock. The journal entry to record this transaction is:

Select one:

A. Cash 380,000 Common Stock 200,000 Paid-in Capital in Excess of Par Value 180,000

B. Cash 380,000 Common Stock 200,000 Gain on Sale of Stock 180,000

C. Cash 380,000 Common Stock 200,000 Retained Earnings 180,000

D. Cash 380,000 Common Stock 380,000