Helix Corporation Has 150,000 No Par Value Common Shares Authorized

Multiple Choice

Helix Corporation has 150,000 no par value common shares authorized, issued and outstanding. All 150,000 shares were issued at $ 80 per share. Retained earnings are $ 325,000. If 3,000 shares were reacquired at $ 99 and cancelled, shareholders' equity would decrease by

A) $ 0.
B) $ 57,000.
C) $ 240,000.
D) $ 297,000.