Satchel Inc. purchases 10,000 shares of its own previously issued $10 par common stock for $290,000. Assuming the shares are held in the treasury with intent to reissue, what effect does this...

Satchel Inc. purchases 10,000 shares of its own previously
issued $10 par common stock for $290,000. Assuming the
shares are held in the treasury with intent to reissue,
what effect does this transaction have on (a) net income,
(b) total assets, (c) total paid-in capital, and (d) total
stockholders’ equity?