Refer to the Information Above

Refer to the information above. The reacquisition of the 2,000 shares on April 1, 2011, causes:

A) No change in total assets of Jetter Corporation.
B) No change in the number of shares of Jetter Corporation stock outstanding.
C) A reduction in total assets and in total stockholders' equity of Jetter Corporation.
D) Jetter Corporation to show a new asset, "Treasury Stock", for $120,000.