Montgomery & Co., a well-established law firm, provided 450 hours of its time to Fink Corporation and received 1,000 shares of Fink's $5 par common stock in exchange for services rendered. Montgomery's usual billing rate is $690 per hour, and Fink's stock has a book value of $280 per share. By what amount will Fink's paid-in capitalexcess of par increase for this transaction?

Multiple Choice $310,500. $243,300. $305,500. $306,500.