Retro Company is authorized to issue 10,000 shares of 8%, $100 par value preferred stock and 500,000 shares of no-par common stock with a stated value of $1 per share. If Retro issues 5,000 shares of common stock to pay its recent attorney's bill of $20,000 for legal services on a land access dispute, which of the following would be the journal entry for Retro to record? Legal Expense 5,000 Common Stock 5,000 Legal Expense 20,000 Common Stock 20,000 Legal Expense 20,000 Common Stock 5,000 Paid-in Capital in Excess of Stated Value Common 15,000 Legal Expense 20,000 Common Stock 5,000 Paid-in Capital in Excess of Par Preferred 15,000