On January 1, Angel Corporation issued 60,000 shares of its $10 par value common stock for $20 per share. On December 31, Angel Corporation's common stock was trading at $35 per share. Assuming Angel Corporation did not issue any other common stock, how does the increase in the market value of its outstanding stock affect Angel? Select one: a. This increase in market value of outstanding stock is not recorded in the financial statements of Angel Corporation Ob Each shareholder must pay an additional $15 per share to Angel. OC Paid-in capital at December 31, is $2,100,000 (1., 60,000 shares times $35 per share). od Angel should recognize additional net income for Year 1 of $15 ner share or $900.000