COMMIM Practice Financial Accounting 10e Ch 11: Corporation Organizations, Stock Transacti... (5 of 200 0 MESQUIT Check my progress 13 Achos de p ack for person 48.9% B BUG Con e Det Q 11.5: A corporation purchases 4,000 shares of its own $5 par common stock for $8 per share, recording it at cost. What will be the effect on total stockholders' equity? A decrease by $20,000 B increase by $20,000 C decrease by 532,000 D increase by $32,000