Coy, Inc. initially issued 350,000 shares of $1 par stock for $1,750,000 in 2019. In 2020, the company repurchased 35,000 shares for $350,000. In 2021, 17,500 of the repurchased shares were resold for $280,000. In its balance sheet dated December 31, 2021, Coy, Inc.'s treasury stock account shows a balance of:

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350000

0

175000

70000