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A corporation purchases 10,000 shares of its own $10 par common stock for $35 per share, recording it at cost. What will be the effect

A corporation purchases 10,000 shares of its own $10 par common stock for $35 per share, recording it at cost. What will be the effect on total stockholders' equity? A.increase, $100,000 B.increase, $350,000 C.decrease, $100,000 D.decrease, $350,000

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