Olsson Corporation received a check from its underwriters for $79 million. This was for the issue of one million of its $5 par stock that the underwriters expect to sell for $79 per share. Which is the correct entry to record the issue of the stock? 79,000,000 Cash Common stock 79,000,000 79,000,000 Cash Stock issue expense Stock contract receivable 33,000,000 46,000,000 79,000,000 Cash Deferred stock issue revenue Common stock Paid-in capital-excess of par 33,000,000 5,000,000 41,000,000 79,000,000 Cash Common stock Paid-in capital-excess of par 5,000,000 74,000,000