Kaplan purchased 2500 shares of its own previously issued $10 par common stock for $62500. As a result of this event,
a. Kaplan's Common Stock account decreased $25000.
b. Kaplan's total stockholders' equity decreased $62500.
c. Kaplan's Paid-in Capital in Excess of Par Value account decreased $37500.
d. All of these answer choices are correct.
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