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Question 10 10 pts Pizza Pie R-Squared is a pizzeria that specializes in providing college students with as many square meals as possible. The company

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Question 10 10 pts Pizza Pie R-Squared is a pizzeria that specializes in providing college students with as many "square meals as possible. The company is cash flush, and has decided to buy back some of its outstanding stock. The stockholders equity section of their balance sheet is found below. If Pizza Pie R-Squared buys back 9% of the stock they issued at the market price of $16 per share, how much will their overall stockholders equity change? Please respond to the nearest dollar, and make sure you include the correct sign (negative means stockholders equity is reduced by this action and no sign is positive impact on stockholders equity). Pizza Ple R-Squared (Right before Stock Repurchase) Common Stock $ 956,250 Par $ 2.25 Shares Issues 425.000 Capital in Excess of Par Value 563485 Treasury Stock 5 159,660 Retired Earnings Total Stockholder Equity 5 4,966,043

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