Poseidon Company purchases $80$ percent of the common stock of Stuart Company on January $1,2020,$ when Stuart has the following

stockholders' equify occounts:

To acquire this interest in Stuart, Poseidon poys a total of $$592,000.$ The acquisition$-$date fair value of the $20$ percent noncontrolling

interest wos $$148,000.$ Any excess foir volue was allocated so on indefinite$-$lived limongible$,$ which hos not experienced ony impsirment.

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

through opplication of the equity method.

Required:

a$.$ On Janubry $1,2024,$ Stubrt issues $10,000$ additional shares of common stock for $$25$ per share. Poseidon acculres $8\mathrm{.}000$ of these

shares. Compute the effect of this transoction 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 isued stock. Compute the effect of this trensection on the porent comparyy's Additional Poid$-$In Copitel account.

c$.$ On Janusry $1,2024,$ Stusrt rescqulres $8,000$ of the ounstanding shares of its cwn common stock, for $$24$ per share, None of these

shares belonged to Poseidon. Compute the effect of this transaction on the parent company's Add tional

Paid.In Capital account.

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.

Increase $($decrease$)$ in Additional Paid$-$n Captal

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

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

account.

hcrease $($decresse$)$ in Additonal Paid$-$in Capial

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.

Incresse $($decrease$)$ in Adddtional Paid$-$in Capital