Oriole Company is authorized to issue 12000 shares of 8%, $100 par value preferred stock and 440000 shares of no-par common stock with a stated value of $1 per share. If Retro issues 12000 shares of common stock to pay its recent attorney's bill of $48000 for legal services on a land access dispute, which of the following would be the best journal entry for Retro to record?

Legal Expense		48000
	Common Stock		12000
	Paid-in Capital in Excess of Par value - Common		36000

Legal Expense		48000
	Common Stock		48000

Legal Expense		12000
	Common Stock		12000

Legal Expense		48000
	Common Stock		12000
	Paid-in Capital in Excess of Stated Value - Common		36000