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Help 2 7 A corporation purchases 4 , 6 5 7 shares of its own $ 7 par common stock for $ 1 9 per

Help 27A corporation purchases 4,657 shares of its own $7 par common stock for $19 per share, recording it at cost. What will be the effect on total stockholders' equity?
a. decrease by $55,884
b. increase by $55,884
c. increase by $88,483
d. decrease by $88,483
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