When Wisconsin Corporation was formed on January $1,$ the corporate charter provided for $114,600$ shares of $$15$ par common stock. During its

first month of operation, the corporation issued $6,670$ shares of stock at a price of $$22$ per share.

The entry to journalize the stock issue would include a

a$.$ debit to Common Stock for $$114,600$

b$.$ credit to Common Stock for $$146,740$

c$.$ debit to Cash for $$100,050$

d$.$ credit to Paid$-$In Capital in Excess of Par for $$46,690$