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Skysong Manufacturing Corporation purchased 2400 shares of its own previously issued $10 par common stock for $57600. As a result of this event, Skysong's Common

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Skysong Manufacturing Corporation purchased 2400 shares of its own previously issued $10 par common stock for $57600. As a result of this event, Skysong's Common Stock account decreased $24000. O Skysong's total stockholders' equity decreased $S7600. Skysong's Paid-in Capital in Excess of Par Value account decreased $33600 All of these answer choices are correct

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