Exhibit 15-9 Groundcover, Inc. Had Never Had a Treasury Stock Transaction Prior

Exhibit 15-9
Groundcover, Inc. had never had a treasury stock transaction prior to 2016. It experienced the following treasury stock transactions during 2016:
4/1/2016: Reacquired 1,000 shares of its own $5 par common stock, originally sold at $12 a share, for $10 a share. This was the first time that Groundcover had reacquired its own stock.
4/8/2016: Reissued 400 shares at $8 a share.
5/2/2016: Reissued 500 shares at $13 a share.
5/10/2016: Retired the remaining 100 shares. Assume the cost method is used.
-Refer to Exhibit 15-9. The entry to record the reissuance of 400 shares on 4/8/2016 would include a

A) credit to Treasury Stock for $3,200.
B) debit to Additional Paid-in Capital from Treasury Stock for $800.
C) debit to Retained Earnings for $800.
D) credit to Additional Paid-in Capital on Common Stock for $800.