12.Beta, Inc. initially issued 200,000 shares of $1 par value stock for $1,000,000 in 2018. In 2019, the company repurchased 20,000 of these shares for $200,000. In 2020, 10,000 of the repurchased shares were sold for $160,000. In its balance sheet dated December 31, 2020, Beta, Inc.'s treasury stock account would show a balance of:

A)$0

B)$40,000

C)$100,000

D)$200,000