My Question: What is the change in stockholder's equity after Part B?

Recording: Treasury Stock vs. Direct Stock Retirement On December 31, the records for Lakers Inc. provided the following data on stockholders' equity. - Common stock, $10 par, 30,000 shares issued: $300,000 - Additional paid-in capital on common stock, $0.30 per share: $9,000 - Treasury stock, 3,000 shares (cost $9.80 per share): $29,400 On that date, the stockholders vote to retire all of the treasury stock immediately and to purchase for direct retirement another 4,000 shares of common stock currently trading at $12.50 per share. Required a. Provide the journal entry to retire the 3,000 shares of treasury stock. b. Provide the journal entry for the purchase and immediate retirement of the 4,000 shares of outstanding common stock. c. Assume instead for part b that the company holds the 4,000 shares in the treasury rather than retiring immediately. Record the journal entry. d. Determine the change in stockholders' equity after part b and then again after part c. Note: Indicate a decrease with a negative sign