asap

Cotton Company has 150,000 shares issued of $3 par common stock. The company currently has 5,000 shares at a total cost of $8,000 as treasury stock. If the company buys another 8,000 shares of treasury stock at $9 per share, the stock outstanding would be A. 13,000 shares B. 155,000 shares C. 150,000 shares D. 137,000 shares