Wanda, Inc. issued 1,000 shares of common stock at $10 per share. If the stock has a par value of $4 per share, which of the following will occur when recording the issuance?

a)	Increase to Common Stock for $4,000.

b)	Increase to Paid-in Capital in Excess of Par Value for $10,000.

c)	Increase to Cash for $4,000.

d)	Decrease to Retained Earnings for $6,000