A firm issues 100,000 shares of $1 par-value common stock on January 1, 2018 for $400,000. On June 30, 2020, the firm repurchases 10,000 shares for $9 per share. Consider the effect of the transaction on June 30, 2020 on the accounting equation under both the treasury stock (cost) method and the direct retirement method. Which of the following statements is true? O None are true O The treasury stock method and direct retirement method have the same effect on the accounting equation O The treasury stock method results in a larger decrease in Stockholders' Equity than the direct retirement method O The direct retirement method results in a larger decrease in Stockholders' Equity than the treasury stock method O The treasury stock method increases and decreases assets by the same amount