Foxtrot Cossued $1 par value common stock for $30 per shore in 2021, No other common stock transactions occurred until March 31, 2023, when Foxtrot acquired some of the issued shares for $25 per share and redeed them. Which of the following statements is true for this acquisition and retirement? Me Choice 2023 net income is decreased 2023 net income is increased Additional paid in capital is increased. Retained earnings is increased