XYZ Inc has 45,210 common shares outstanding, with an average issue price of $7.49 per share. On August 1, the company reacquired and cancelled 3,095 shares at $36.62 per share. There was a contributed surplus of $26,300 (total credit balance for all outstanding shares) at the time of the reacquisition, which arose from net excess of proceeds over cost on a previous cancellation of common shares. What will be the absolute value of the change in the Retained Earnings balance due to the reacquisition of the shares on August 1 if the company prepares financial statements in accordance with ASPE? a. $62,261 b. $67,050 c. $60,664 d. $63,857 e. $65,454