S.Lawyer performed legal services for E.Corp.Due to a cash shortage, an agreement was reached whereby E.Corp.would pay S.Lawyer a legal fee of approximately $20,000 by issuing 8,000 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 $2.40 per share.Given this information, the best journal entry for E.Corp.to record for this transaction is 
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