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A corporation purchases 34000 shares of its own $20 par common stock for $45 per share recorded with effect on total stockholders equity? Increase by

A corporation purchases 34000 shares of its own $20 par common stock for $45 per share recorded with effect on total stockholders equity? Increase by $1530000 Decrease by $1530000. Decrease by $850000. o Decrease by $680000

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