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A corporation purchases 76000 shares of its own $30 par common stock for $45 per share, recording it at cost. What will be the effect
A corporation purchases 76000 shares of its own $30 par common stock for $45 per share, recording it at cost. What will be the effect on total stockholders' equity? O Decrease by $2280000 O Increase by $2280000 O Decrease by $3420000 O Increase by $3420000 Save for Later Attempts: 0 of 1 used Submit Answer
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