PC Company purchased all of the common stock of Silicon Company by issuing 400,000 shares of its $0.10 par value common stock, with a market value of $15/share. PC Company incurred $125,000 in registration and issuing costs, and $75,000 in consulting and legal fees, paid in cash. The book value of Silicon Company at the date of acquisition was as follows:

Capital stock	$ 2,000,000
Retained deficit	(2,500,000)
Accumulated other comprehensive income	100,000
Total book value	$ (400,000)

The carrying values of Silicons reported assets and liabilities approximated fair value at the date of acquisition, but it has $5,000,000 in developed technology, not reported on its balance sheet but meeting criteria for capitalization per ASC Topic 805. PC's journal entry to record this acquisition includes a credit to additional paid-in capital for:

Select one:

a. $6,000,000

b. $5,835,000

c. $5,760,000

d. $5,960,000