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In a recent year, Teach, Inc., a designer and marketer of handbags and other accessories, issued 17,200 shares of its $0.09 par value stock for

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In a recent year, Teach, Inc., a designer and marketer of handbags and other accessories, issued 17,200 shares of its $0.09 par value stock for $48,000 (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 Common Stock Shares Amount Additional Pald-in Capital Retained Earnings Total Stockholders Equity $ o Shares issued for employee stock option plan

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