Panton, Inc. acquired 18,000 shares of Glotfelty Corp. several years ago. At the present time, Glotfelty is reporting the following stockholders' equity: 
Glotfelty issues 5,000 shares of previously unissued stock to the public for $27 per share. None of this stock is purchased by Panton.
Describe how this transaction would affect Panton's books.
Definitions:
Developed
Advanced or evolved to a state of higher complexity, functionality, or understanding.
Psychoanalytic Principles
Fundamental concepts and theories from psychoanalysis that describe the unconscious mind's impact on behavior, emphasizing childhood experiences and sexual drives.
Existential Principles
Fundamental concepts in existential philosophy and therapy that deal with human existence, freedom, responsibility, and the search for meaning.
Behaviorist Principles
A theory in psychology that emphasizes the role of environmental factors in influencing behavior, suggesting that all behaviors are acquired through conditioning.
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