4. On January 1, 20X1, Paris Ltd. paid $600,000 for its 75% interest in the Scott Company when Scott had total equity of $550,000. Any excess of cost over book value was attributed to equipment with a 10-year life. On January 1, 20X3, Scott Company had the following stockholders' equity: Common stock, $10 par $100,000 Other paid-in capital 200,000 Retained earnings 350,000 On January 2, 20X3, Scott Company sold 2,500 additional shares of stock for $90 each in a private offering to noncontrolling shareholders. As a result of this sale, which of the following changes would appear in the 20X3 consolidated statements? A. $7,500 gain B. $37,500 loss C. $7,500 increase in controlling paid-in capital D. $37,500 decrease in controlling paid-in capital