The adjusted trial balance for Vaughn Corp. at the end of the current year, 2018, contained the following accounts. 5-year Bonds Payable 8% $1480000 Interest Payable 51000 Premium on Bonds Payable 148000 Notes Payable (3 mo.) 42000 Notes Payable (5 yr.) 150000 Mortgage Payable ($10000 due currently) 300000 Salaries and Wages Payable 22000 Taxes Payable (due 3/15 of 2019) 21000 The total long-term liabilities reported on the balance sheet are     $1920000.   $2078000.   $2068000.   $1930000 2QUE 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 $13600 by issuing 3400 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 $3.70 per share. Given this information, the journal entry for E. Garr. to record this transaction is:     Organization Expense 13600      Common Stock   13600   Organization Expense 13600            Common Stock   3400          Paid-in Capital in Excess of Par – Common   10200   Organization Expense 12580            Common Stock   12580   Organization Expense 12580            Common Stock   3400          Paid-in Capital in Excess of Par – Common   9180

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