On April 1, 2020, Marvel Corporation reacquired 2,000 shares of its own $1 par stock for $80,000 cash. On October 15, 2020, 600 of the treasury shares were reissued at a price of $70 per share. As a result of the reacquisition of the 2,000 shares on April 1, 2020, Marvel: Select one: a. Has violated stock buyback provisions of the Securities & Exchange Commission. O b. Will record a new asset, "Treasury Stock", for $80,000, O c Will record a reduction in total assets and in total stockholders' equity. d. Will NOT record any change in total assets