Treasure This,Inc

Multiple Choice

Treasure This,Inc.had total assets of $100,000,total liabilities of $60,000 and stockholders' equity of $40,000 before repurchasing 1,000 shares of its $1 par value common stock for $5 per share.After this repurchase,total assets equal _____,total liabilities equal ______ and stockholders' equity equals ______:

A) $95,000; $60,000; $35,000
B) $100,000; $55,000; $45,000
C) $100,000; $65,000; $35,000
D) $105,000; $60,000; $45,000