A corporation purchases 6,259 shares of its own

$9

par common stock for

$26

per share, recording it at cost. What will be the effect on total stockholders' equity?\ a. decrease by

$106,403

\ b. increase by

$162,734

\ c. decrease by

$162,734

\ d. increase by

$106,403

A corporation purchases 6,259 shares of its own $9 par common stock for $26 per share, recording it at cost. What will be the effect on total stockholders' equity? O a. decrease by $106,403 Ob. increase by $162,734 Oc. decrease by $162,734 Od. increase by $106,403