Question 17 (1 point) A corporation purchases 40,000 shares of its own $15 par common stock for $30 per share, recording it at cost. What will be the effect on total stockholders' equity? a) Decrease by $600,000 b) Increase by $1.200,000 c) Decrease by $1,200,000 d) Increase by $600,000 Save Question 18 (1 point) rted 0 7 2