S. Lamar performed legal services for E. Garr. Due to a cash shortage, an agreement was reached whereby E. Garr. would pay S. Lamar a legal fee of approximately $12,000 by issuing 3,000 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 $4.50 per share. Given this information, the journal entry for E. Garr. to record this transaction is:

	a.	Organization Expense 13,500 Common Stock 3,000 Paid-in Capital in Excess of Par - Common 10,500
	b.	Organization Expense 12,000 Common Stock 12,000
	c.	Organization Expense 13,500 Common Stock 13,500
	d.	Organization Expense 12,000 Common Stock 3,000 Paid-in Capital in Excess of Par Common 9,000