The shareholders' equity of XYZ Incorporated at the beginning of the current 3 points year is as follows: Ordinary shares, par=Php100; authorized =50,000; issued =25,000 The corporation sold all treasury shares in the open market at Php200 each. What is the effect of the sale on the shareholders' equity? A. No effect B. increased by Php 400,000 C. Increased by Php80,000 D. Increased by Php 320,000