Peter's Computers purchased

4 comma 0004,000

shares of its own

$ 4$4

par value common stock for

$ 92 comma 000$92,000.

As a result of this transaction:

A.Peter's stockholders' equity increased

$ 76 comma 000$76,000.

B.Peter's stockholders' equity increased

$ 92 comma 000$92,000.

C.Peter's stockholders' equity decreased

$ 92 comma 000$92,000.

D.Peter's stockholders' equity increased

$ 16 comma 000$16,000.