Mari Company had 100,000 shares of P4 par value common stock outstanding on May 15, 2018. On this date, Mari Company acquired 1,000 of its own shares as treasury stock at cost of P12 per share. The acquisition was accounted for by the cost method. As a result of this treasury stock purchase,

A. total assets and total stockholders equity decreased

B. total assets and total stockholders equity were unaffected.

C. total assets, retained earnings and stockholders equity decreased.

D. total assets were unaffected but retained earnings decreased.