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5.6. Lawyer performed legal services for E. Corp. Due to a cash shortage, an agreement was reached whereby E. Corp. would pay S. Lawyer a legal fee of approximately $10,000 by issuing 5,000 shares of its common stock (par $1). The stock trades on a daily basis and the market price of the stock on the day the debt was settled is $1.80 per share. Given this information, the best journal entry for E. Corp. to record for this transaction is a. Legal Expense 9,000 Common Stock 9,000 b. Legal Expense 10,000 Common Stock 10,000 C. Legal Expense 10,000 Common Stock 5,000 Paid-in Capital in Excess of Par - Common 5,000 d. Legal Expense 9,000 Common Stock 5,000 Paid-in Capital in Excess of Par - Common 4,000