d$.$ Now suppose that in $20$X$3$ the company's stock price plummets, and the company reissues the repurchased shares for $$8$ per share. What effect would this reissue have on the company's net income: increase, decrease, or no effect? $(3$ points$)$

There will be a decrease in the company's net income because the stock price fel.

There will be an increme in the company's net income because the treasury stock was purchased before the stock prices fel.

There would be no effect on the company's net income because treasury stock transaction only Impact Stockholders' Equity.

There is not enough information to answer this question.