Dempsey Co. purchased back stock from its stockholders and then resold it at a price lower than the cost. What is the effect of the resale of this stock on each of the following, assuming that there was some existing (but insufficient) PIC from treasury stock? Total paid-in capital no effect increase decrease no effect Retained earnings no effect no effect 0 0 0 0 decrease decrease Select one: a. Option A O b. Option B c. Option C d. Option D