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Coy, Inc. initially issued 260,000 shares of $1 par stock for $1,300,000 in 2019. In 2020, the company repurchased 26,000 shares for $260,000. In 2021,

Coy, Inc. initially issued 260,000 shares of $1 par stock for $1,300,000 in 2019. In 2020, the company repurchased 26,000 shares for $260,000. In 2021, 13,000 of the repurchased shares were resold for $208,000. In its balance sheet dated December 31, 2021, Coy, Inc's treasury stock account shows a balance of Multiple Choice $130.000 $260,000 $52.000

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