Olsson Corporation received a check from its underwriters for $84 million. This was for the issue of one million of its $5 par stock that the underwriters expect to sell for $84 per share. Which is the correct entry to record the issue of the stock? Multiple Choice 84,000,000 Cash Deferred stock issue revenue Common stock Paid-in capital-excess of par 34,000,000 5,000,000 45,000,000 Cash 84,000,000 Common stock 84,000,000 84,000,000 Cash Stock issue expense Stock contract receivable 34,000,000 50,000,000 84,000,000 Cash Common stock Paid-in capital-excess of par 5,000,000 79,000,000