Question 77 Not yet answe Marked out of 100 Tag question A corporation purchases 10.000 shares of its own $10 par common stock for $35 per share, recording it at cost. What will be the effect on total stockholders equity? Select one: a. decrease by $100,000 Ob. decrease by $550,000 C. mcrease by $100,000 d. increase by $350,000