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4. Toy, Inc. initially issued 200,000 shares of 31 par stock for $1,000,000 in 2016. In 2017, the company repurchased 20.000 shares for $200,000. In
4. Toy, Inc. initially issued 200,000 shares of 31 par stock for $1,000,000 in 2016. In 2017, the company repurchased 20.000 shares for $200,000. In 2018. 10,000 of the repurchased shares were resold for $160,000. In its balance sheet dated December 31, 2018, Toy, Inc.'s treasury stock account shows a balance of: a. $0. b. $40,000 4. $100,000 d. $200.000
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