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Question content area top Part 1 On January 1 0 , 2 0 1 9 , Gellman Design Services purchased treasury stock at a cost

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Part 1
On January 10,2019, Gellman Design Services purchased treasury stock at a cost of $ 20 million. On July 3,2019, Gellman resold some of the treasury stock for $ 14million; this resold treasury stock had cost the company $ 6 million.
Record the purchase and resale of Gellman's treasury stock. Overall, how much did stockholders' equity increase or decrease as a result of the two treasury-stock transactions?

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