Minerva, Inc. issued, for $$76$ per share, $5,000$ shares of $$40$ par value common stock. The journal entry to record this transaction is:

A$)$ Cash $380,000$

Common Stock $380,000$

B$)$ Cash $380,000$

Common Stock $200,000$

Paid$-$in Capital in Excess of Par Value $180,000$

C$)$ Cash $380,000$

Common Stock $200,000$

Retained Earnings $180,000$

D$)$ Cash $380,000$

Common Stock $200,000$

Gain on Sale of Stock $180,000$