Q6 (5 marks) Company P owns 90% of the outstanding common stock of Company S. This investment was acquired several years ago. In 2019, Company S's Stockholders' Equity section has the following items: Common stock, $10 par, 20,000 shares issued and outstanding $200,000 Additional Paid in capital $100,000 Retained Earnings $300,000 During 2019, Company S issued 6,000 common stock to the public for $22.5 per share. None of these shares have been purchased by Company P. Required: Prepare the necessary journal entry to record the effect of the issue of new shares by Company S. REORPO