How do I resize my custom logos?

As silly as it may sound, I'm trying to change the logo (not that the XF logo isn't sexy ;) ). I see where I can change it, but it's still condensed to the same size of the XF logo (120x36). I've looked around and tried out a few things, but I can't get it it to be the right size (980x130 or 150 since we're working on the details fro the logo).

So, I have to ask the wise wise members of this here site. Any ideas?
 
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