When Retiring Treasury Stock, Retained Earnings Could Be Affected Under

Multiple Choice

When retiring treasury stock, retained earnings could be affected under which of the following methods? $\begin{array}{lll}&\text { Cost Method }&\text { Par Value Method }\\ \text { I. } & \text { No } & \text { No } \\\text { II. } & \text { No } & \text { Yes } \\\text { III. } & \text { Yes } & \text { No } \\\text { IV } & \text { Yes } & \text { Yes }\end{array}$

A) I
B) II
C) III
D) IV