On December 1, 2026, Abel Corporation exchanged 50,000 shares of its $10 par value common stock held in treasury for a used machine. The treasury shares were acquired by Abel at a cost of 540 per share and are accurtad for under the cost method. On the date of the exchange, the common stock had a fair value of 545 per share the shares were originally issued at $30 per share). As a result of this exchange, Abel's total stockholders equity will crease by $2,000,000.$2,250,000. $2,750,000. No response is correct.$500,000.