Coy, Inc. initially issued 280,000 shares of $1 par stock for $1,400,000 in 2019. In 2020, the company repurchased 28,000 shares for $280,000. In 2021, 14,000 of the repurchased shares were resold for $224,000. In its balance sheet dated December 31, 2021, Coy, Inc.'s treasury stock account shows a balance of: Multiple Choice $56,000. $140,000 $0. $280,000