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5 In a recent year, Coach, Inc., a designer and marketer of handbags and other accessories, issued 12,100 shares of its $0.01 par value stock

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5 In a recent year, Coach, Inc., a designer and marketer of handbags and other accessories, issued 12,100 shares of its $0.01 par value stock for $344,000 (these numbers are rounded). These additional shares were issued under an employee stock option plan. Prepare the line on the statement of stockholders' equity that would reflect this transaction. The statement has the following columns: 10 points Common Stock Additional Paid-in Capital Retained Earnings Skipped Shares Amount Total Stockholders' Equity $ 0 Shares issued for employee stock option plan eBook Hint Print . References

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