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A corporation purchases 6,139 shares of its own $5 par common stock for $19 per share, recording it at cost. What will be the effect

A corporation purchases 6,139 shares of its own $5 par common stock for $19 per share, recording it at cost. What will be the effect on total stockholders' equity? a. increase by $116,641 b. decrease by $116,641 c. decrease by $85,946 d. increase by $85,946

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