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Business, 03.09.2021 01:00 AJRo

In a recent year, Coach, Inc, a designer and marketer of handbags and other accessories, issued 12100 shares of its $0.01 par value stock for $344000 (these numbers are rounded). These additional shares were issued under an employee stock option plan. Prepare the line on the statement of stockholders’ equity that would reflect this transaction.

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