9. Gannon Company acquired 6,000 shares of its own ordinary shares at 20 per share on February 5, 2021 and sold 3,000 of these shares at 27 per share on August 9,2022 . The fair value of Gannon's ordinary shares was 24 per share at December 31,2021 , and 25 per share at December 31,2022 . The cost method is used to record treasury shares transactions. What account(s) should Gannon credit in 2022 to record the sale of 3,000 shares? a. Treasury Shares for 81,000. b. Treasury Shares for 60,000 and Share Premium - Treasury for 21,000. c. Treasury Shares for 60,000 and Retained Earnings for 21,000. d. Treasury Shares for 72,000 and Retained Earnings for 9,000. 10. On March 1, 2022, Ruiz Corporation issued 800,000 of 8% nonconvertible bonds at 104 , which are due on February 28, 2042. In addition, each 1,000 bond was issued with 25 detachable share warrants, each of which entitled the bondholder to purchase for 50 one share of Ruiz ordinary shares, par value 25. The bonds without the warrants would normally sell at 95. On March 1, 2022, the fair value of Ruiz's ordinary shares was 40 per share and the fair value of the warrants was 2. What amount should Ruiz record on March 1,2022 as share premium - share warrants? a. 40,000 b. 41,600 c. 72,000 d. 83,200