In 2021, Brock Lee Vegetables, issued $1 par value common stock for $30 per share. No other common stock transactions occurred until March 31, 2023, when Brock Lee acquired some of the issued shares for $25 per share and resold them for $20 per share. Which of the following statements is true for this acquisition and retirement?

A.) 2023 net income is increased

B.) Retained earnings is decreased

C.) 2023 net income is decreased

D.) Additional paid-in capital is increased