Mohan Company owned all of Beatty Incorporated. Although the Investment in Beatty account had a balance of $862,000, the subsidiary's 12,000 shares had an underlying book value of only $55 per share. On January 1,2024 , Beatty issued 4,000 new shares to the public for $75 per share. How does this transaction affect the Investment in Beatty account? Multiple Choice It should be decreased by $225,000. It should be increased by $225,000. It should be increased by $9,500. It should be decreased by $9,500. It is not affected since the shares were sold to outside parties