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A corporation purchases 6,006 shares of its own $3 par common stock for $23 per share, recording it at cost. What will be the effect

A corporation purchases 6,006 shares of its own $3 par common stock for $23 per share, recording it at cost. What will be the effect on total stockholders' equity? Oa. increase by $130,138 Ob. decrease by $131,138 Oc. increase by $120,1201 Od. decrease by $120.120

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