S.Lamar performed legal services for E.Garr.Due to a cash shortage, an agreement was reached whereby E.Garr would pay S.Lamar a legal fee of approximately $12,000 by issuing 3,000 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 $4.50 per share.Given this information, the journal entry for E.Garr.to record this transaction is: 
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