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6-8. A company purchases 1,000 shares of its $25 par common stock for $90,000 cash, recording it at cost. Will this purchase increase, decrease, or

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6-8. A company purchases 1,000 shares of its $25 par common stock for $90,000 cash, recording it at cost. Will this purchase increase, decrease, or have no effect on the following? 6. Total assets 7. Retained eamings 8. Total stockholders' equity 9. The stock reacquired in Question 68 is sold for $95,000. What is the amount of revenue to be realized from the sale? 6-8. A company purchases 1,000 shares of its $25 par common stock for $90,000 cash, recording it at cost. Will this purchase increase, decrease, or have no effect on the following? 6. Total assets 7. Retained eamings 8. Total stockholders' equity 9. The stock reacquired in Question 68 is sold for $95,000. What is the amount of revenue to be realized from the sale

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