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? In a recent year, Teach, Incorporated, a designer and marketer of handbags and other accessories issued 1270,000 shares of its $0,04 par volue stock

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In a recent year, Teach, Incorporated, a designer and marketer of handbags and other accessories issued 1270,000 shares of its $0,04 par volue stock for $1.016.000 (these numbers are rounded). These additional shares wete issued under an employee stock option plan. Prepare the line on the statement of stockholders' equity that would reflect this transaction. Note: Enter your onswers in doliars rother than mililions

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