Aaron owns 100 percent of the 12,000 shares of Veritable, Inc. The Investment in Veritable account has a balance of $588,000, corresponding to the subsidiarys unamortized acquisition-date fair value of $49 per share. Veritable issues 3,000 new shares to the public for $50 per share. How does this transaction affect the Investment in Veritable account? It is not affected because the shares were sold to outside parties. It should be increased by $3,000. It should be increased by $2,400. It should be decreased by $117,600