Olsson Corporation received a check from its underwriters for $87 million. This was for the issue of one million of its $5 par stock that the underwriters expect to sell for $87 per share. Which is the correct entry to record the issue of the stock? Multiple Choice Cash Stock issue expense Stock contract receivable 87,000,000 41,000,000 46,000,000 Cash Deferred stock issue revenue Common stock Paid-in capital-excess of par 87,000,000 41,000,000 5,000,000 41,000,000 Cash Common stock 87,000,000 87,000,000 Cash Stock issue expense Stock contract receivable 87,000,000 41,000,000 46,000,000 Cash Deferred stock issue revenue Common stock Paid-in capital-excess of par 87,000,000 41,000,000 5,000,000 41,000,000 Cash Common stock 87,000,000 87,000,000 Cash Common stock Paid-in capital-excess of par 87,000,000 5,000,000 82,000,000