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The shareholders' equity section of the balance sheet of Monty Corporation is shown in the provided table. (Click the icon to view the shareholders' equity.)

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The shareholders' equity section of the balance sheet of Monty Corporation is shown in the provided table. (Click the icon to view the shareholders' equity.) Assuming Monty purchases 15,000 of its common shares at $8.60 per share the balance of total shareholders' equity O A. decreases by $135,750 O B. decreases by $129,000 O C. increases by $135,750 OD. does not change Shareholders' equity - X Contributed capital Preferred shares, $2.50 cumulative. 35.000 shares authorized, 7.000 shares issued Common shares. 140.000 shares authorized, 50.000 shares issued $350,000 452,500 Total contributed capital Retained earnings Total shareholders' equity 802,500 204,500 $1,007 000 Print Done Click to select your

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