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Soda Corporation purchased 3,500 shares of its own $1.10 par value common stock... Soda Corporation purchased 3,500 shares of its own $1.10 par value common

Soda Corporation purchased 3,500 shares of its own $1.10 par value common stock...

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Soda Corporation purchased 3,500 shares of its own $1.10 par value common stock for $150,000. As a result of this transaction, the company's stockholders' equity O A. decreased by $150,000 O B. increased by $3,850 O C. increased by $150,000 O D. increased by $146,150

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