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2 Points A corporation purchases 6 , 5 0 0 shares of its own $ 2 0 par value common stock for $ 2 5

2 Points
A corporation purchases 6,500 shares of its own $20 par value common stock for $25 per share, recording it at cost. What will be the effect on total stockholders' equity?
Decrease $162,500
Decrease $130,000
Increase $162,500
Increase $130,000
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