Swifty Corporation is authorized to issue 10000 shares of 7%, $100 par value preferred stock and 420000 shares of no-par common stock with a stated value of $1 per share. If Swifty issues 10000 shares of common stock to pay its recent attorney's bill of $40000 fo legal services on a land access dispute, which of the following would be the best journal entry for Swifty to record? Legal Expense 40000 Common Stock 10000 30000 Paid-in Capital in Excess of Stated Value - Common Legal Expense 10000 Common Stock 10000 Legal Expense 40000 Common Stock 10000 Paid-in Capital in Excess of Par value - Common 30000 O Legal Expense 40000