On January $1,2021,$ Stuart reports retained earnings of $$620,000.$ Poseidon has accrued the increase in Stuart's retained earnings

through application of the equity method.

Required:

a$.$ On January $1,2024,$ Stuart issues $10,000$ additional shares of common stock for $$25$ per share. Poseidon acquires $8,000$ of these

shares. Compute the effect of this transaction on the parent company's Additional Paid$-$In Capital account.

b$.$ On January $1,2024,$ Stuart issues $10,000$ additional shares of common stock for $$15$ per share. Poseidon does not acquire any of

this newly issued stock. Compute the effect of this transaction on the parent company's Additional Paid$-$In Capital account.

c$.$ On January $1,2024,$ Stuart reacquires $8,000$ of the outstanding shares of its own common stock for $$24$ per share. None of these

shares belonged to Poseidon. Compute the effect of this transaction on the parent company's Additional Paid$-$In Capital account.