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O $22.22 U Question 32 1 pts On Jan 1 2020, for the first time in its history, Kline acquired 4,000 shares of its own

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O $22.22 U Question 32 1 pts On Jan 1 2020, for the first time in its history, Kline acquired 4,000 shares of its own $10 par value common stock at $15 per share. Three months later Kline sold 2,000 of these shares at $11 per share. To record the sale of the 2,000 treasury shares, Kline should credit Treasury Stock for $20,000 and Paid-in Capital from Treasury Stock for $18,000. Treasury Stock $30,000 and Paid-in Capital from Treasury Stock for $8,000. Treasury Stock $30,000 ( and debit Retained Earnings for $8,000). O Treasury Stock for $38,000. MacBook Pro

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