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In January, Castro Corporation, a newly formed company, issued 10,000 shares of its $10 par...

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Accounting

In January, Castro Corporation, a newly formed company, issued 10,000 shares of its $10 par common stock for $15 per share. On July 1, Castro Corporation reacquired 1,000 shares of its outstanding stock for $12 per share. The acquisition of these treasury shares

Group of answer choices

decreased total stockholders' equity.

increased total stockholders' equity.

did not change total stockholders' equity.

decreased the number of issued shares.

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