also an option for "D"

37 S Kellogg. Incorporated purchased 200 shares of its own $20 par valse stock for $30 cash por share. Which of the following answers reflects now this purchase of treasury stock would affect the elements of Kellogg's financial statements? Balance Sheet Stockholders Assets - Liabilities Equity Income Statement Other Accounts Equity Treasury Net Statement of Cash + Investment = Payable + Accounts - Stock Revenue - Expense - Income Cash Flows A. (4,000) NA NA NA 4,000 NA NA NA (4,000) FA B. (6,000) 6,000 NA NA NA NA NA NA 6,000 TA C. (6,000) NA NA NA 6,000 NA NA NA 16,000) FA D. (4,000) 4,000 NA NA NA NA NA NA 4,000 TA Me Choice Option A Options Orion