US Kieso, Intermediate Accounting, 17e CALCULATOR PRINTER VERSION BACK NEXT Question 9 Bramble Corp. purchased its own par value stock on January 1, 2020 for $20100 and debited the treasury stock account for the purchase price. The stock was subsequently sold for $11600. The $8500 difference between the cost and sales price should be recorded as a deduction from additional paid-in capital without regard as to whether or not there have been previous net "gains" from sales of the same class of stock included therein. O retained earnings. additional paid-in capital to the extent that previous net "gains" from sales of the same class of stock are included therein; otherwise, from retained earnings. net income. ya Click if you would like to Show Work for this question: Open Show Work SANEODLATER SUBMIT