Sandhill Manufacturing Corporation purchased 4400 shares of its own previously issued $10 par common stock for $123200. As a result of this event,

Sandhill Manufacturing Corporation purchased 4400 shares of its own previously issued $10 par commonstockfor $123200. As a result of this event. Sandhill Manufacturing Corporation purchased 4400 shares of its own previously issued $10 par common stock for $123200. As a result of this event. Sandhill's Common Stock account decreased $44000 Sandhilt's total stockholders' equity decreased $123200 Sandhill's Paid in Capital in Excess of Par account decreased $79200 Alt of these answer choices are correct