[The Following Information Applies to the Questions Displayed Below

[The following information applies to the questions displayed below.]
On April 1,2018,Jetter Corporation reacquired 2,000 shares of its own $10 par stock for $120,000 cash.On October 15,2018,600 of the treasury shares were reissued at a price of $65 per share.
-The reacquisition of the 2,000 shares on April 1,2018,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.