OGCush Inc declares and distributes a 3-for-1 stock split on its 70 million, $1 par, common shares. The company effects the split in the form of a 200% stock dividend. The market value of the stock is $5 on the date of declaration. The company will receive a:

Debit to paid in capital excess of par of $70 million

Debit to paid in capital excess of par of $140 million

Debit to paid in capital excess of par of $210 million

Debit to paid in capital excess of par of $280 million