Please assist with this question~I've never asked a question here before so I'm unsure of the process, the question is on the attached Word doc. I found a similar answer, but I had a difficult time following it. I want to understand the process not just know the answer. Any help is greatly appreciated. Thanks!

Please assist with this question Albuquerque Inc. acquired 24,000 shares of Marmon Co. several years ago for $720,000. At the acquisition date, Marmon reported a book value of $860,000 and Albuquerque assessed the fair value of the noncontrolling interest at $180,000. Any excess of acquisition-date fair value over book value was assigned to broadcast licenses with indefinite lives. Since the acquisition date and until this point, Marmon has issued no additional shares. No impairment has been recognized for the broadcast licenses. At the present time, Marmon reports $930,000 as total stockholders' equity, which is broken down as follows: Common Stock ($10 par value) $300,000 Additional paid-in capital 280,000 Retained earnings 350,000 total: $930,000 a. Marmon sells 10,000 shares of previously unissued common stock to the public for $46 per share. Albuquerque purchased none of this stock. What journal entry should Albuquerque make to recognize the impact of this stock transaction? I attempted some calculations: 720000+180000+(10000*46) + (860000-72000030000)....*64%?? Any help is greatly appreciated