The shareholders' equity section of the balance sheet of Thomson Corporation is shown in the provided table. (Click the icon to view the shareholders' equity section.) i Shareholders' equity The preferred shares are currently selling for $89.50 per share and the common shares are currently selling for $12.50 per share. Assuming Thomson purchases 10,000 of its common shares at $12.50 per share, the balance of total shareholders' equity A. decreases by $75,000 B. decreases by $125,000 OC. increases by $125,000 OD. is the same as it was before the purchase of the company's own shares Contributed capital: Preferred shares, $6 cumulative, 25,000 shares authorized, 7,000 shares issued $700,000 Common shares, 1,000,000 shares authorized, 500,000 shares issued 2,500,000 Total contributed capital Retained earnings Total shareholders' equity 3,200,000 990,000 $4,190,000 Click to select your answer. Print Done