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A corporation purchases 8,023 shares of its own 51 par common stock for $20 per share, recording it at cost. What will be the effect

A corporation purchases 8,023 shares of its own 51 par common stock for $20 per share, recording it at cost. What will be the effect on total stockholders' equity? increase by $128,368 increase by $160,460 decrease by $128,368 decrease by $160,460

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