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On January 1, 2012, Cocker issued 10,000 additional shares of common stock for $35 per share. Popper acquired 8,000 of these shares. How would this
On January 1, 2012, Cocker issued 10,000 additional shares of common stock for $35 per share. Popper acquired 8,000 of these shares. How would this transaction affect the additional paid-in capital of the parent company? A. Increase it by $28,700. B. Increase it by $16,800. C. $0. D. Increase it by $280,000. E. Increase it by $593,600.
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