How is the graph y=log(2x)+3 related to the graph of y=log(x)?

It is stretched horizontally by a factor of 2 and translated up 3.

It is compressed horizontally by a factor of 2 and translated up 3.

It is stretched vertically by a factor of 2 and translated up 3.

It is compressed vertically by a factor of 2 and translated up 3.