popper company acquired 80% of the common stock of Cocker Co. on Jan 1, 2009, when Cocker had the following stockholders equity accounts: common stock 40,000 shares outstanding $140,000 Additional paid in capital $105,000 Retained earnings $476,000 total stock equity $721,000. To acquire this interest in Cocker, Popper paid a total of $682,000 with any excess acquisition date fair value over book value being allocated to goodwill, which has been measured for impairment annually and has not been determined to be impaired as of Jan 1, 2012. On Jan 1, 2012, cocker reported a net book value of $1,113,000 before the following transactions were conducted. Popper uses the equity method to account for its investment in Cocker, thereby reflecting the change in book value of Cocker. On Jan 1, 2012, Cocker issued 10,000 additional shares of common stock for $35 per share. Popper acquired 8,000 of these shares. How would this transaction affect the additional paid in capital of the parent company? Please show me the work.