On April $5,$ for the first time, a company acquired $1,000$ shares of its $$2$ par value common stock for $$27$ per share.

On April $28,$ the company sold $400$ of these treasury shares for $$29$ each.

As a result of the sale of treasury stock, total stockholders' equity:

decreases by $$10,800$

increases by $$10,800$

decreases by $$11,600$

does not change

increases by $$11,600$