Bramble Corporation had the following stockholders' equity accounts on January $1,2027$: Common Stock $($ $$4$ par$)$ $$440,000,$ Paid$-$in

Capital in Excess of Par$-$Common Stock $$210,000,$ and Retained Earnings $$110,000.$ In $2027,$ the company had the following treasury

stock transactions.

Mar. $1$ Purchased $7,000$ shares at $$8$ per share.

June $1$ Sold $1,000$ shares at $$13$ per share.

Sept. $1$ Sold $1,000$ shares at $$11$ per share.

Dec. $1$ Sold $1,000$ shares at $$7$ per share.

Bramble Corporation uses the cost method of accounting for treasury stock. In $2027,$ the company reported net income of $$25,000.$ Balance Sheet $($Partial$)$

December $31,2027$

Additlonal Pald$-$In Capltal

Common Stock

$

Pald$-$In Capltal from Treasury Stock

$1$