Spicy Co. issued 22,000 shares of common stock for $16 cash per share ($10 par value) on March 1st On September 30th, it repurchased 10,000Lf these common shares to hold as treasury stock at $18 per share. The net effect on the financial statements from both transactions includes: Select one: a. Assets increase by $352,000 O b. Stockholder's equity increases by $172,000 c. Stockholder's equity decreases by $352,000 d. Liabilities increase by $172,000