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Treasury stock that was purchased for $ 2 , 1 1 5 is sold for $ 3 , 1 0 1 . As a result

Treasury stock that was purchased for $2,115 is sold for $3,101. As a result of these two transactions combined
a. income will be increased by $986.
b. stockholders' equity will not change.
c. stockholders' equity will be increased by $3,101.
d. stockholders' equity will be increased by $986.
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