Question: Washburn Company owns 75 percent of Metcalfe Company's outstanding common stock. During the year, Metcalfe issues additional shares to outside parties at a price more

Washburn Company owns 75 percent of Metcalfe Company's outstanding common stock. During the year, Metcalfe issues additional shares to outside parties at a price more than its per share consolidated value.

How is this impact recorded within the consolidated statements?

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