Question: In a recent year, Coach, Inc, a designer and marketer of handbags and other accessories, issued 12,100 shares of its $0.01 par value stock for

In a recent year, Coach, Inc, a designer and marketer of handbags and other accessories, issued 12,100 shares of its $0.01 par value stock for $344,000 (these numbers are rounded). These additional shares were issued under an employee stock option plan. Prepare the line on the statement of stockholdersâ€™ equity that would reflect this transaction. The statement has the followingcolumns:

Common Stock Additional Paid-in Capital Total Retained Stockholders Earnings ShuresA Amount Equity

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