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Atits date of incorporation, Smolder, Inc. issued 100,000 shares of its $15 a stock at #11 per share. During the current year, Smolder acquired 20.000

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Atits date of incorporation, Smolder, Inc. issued 100,000 shares of its $15 a stock at #11 per share. During the current year, Smolder acquired 20.000 shares of common stock at a price of $16 per share and accounted for them by the cost method Subsequently, these shares were reissued at a price of $12 per share there have no other issuances or acquisitions of its own common stock, What effect does the reissuance of the stock have on Total Stockholders' Equity? O No Effect O Decrease Increase

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