Dave and Mary have purchased land for a new camp. Now they need moncy to build the cabins, dining facility, a ropes course, and an outdoor swimming pool. Dave and Mary first checked with Summit Bank to see if they could borrow an additional $1 million, but unfortunately the bank turned them down as too risky. Undeterred, they promoted their idea to close friends they had made through the outdoor clinics and TEAM events. They decided to go ahead and sell shares of stock in the company to raise the additional funds for the camp. Great Adventures has authorized \$1 par value common stoek. When the company began on July 1, 2021, Dave and Mary each purchised 10,000 shares (20,000 shares total) of \$1 par value common stock at $1 per share. The following transactions affect stockholders' equity during the remainder of 2022 : November 5 Issue an additional 100,000 shares of common stock for $10 per share. November 16 Purchase 10,000 shares of its own common stock (i.e., treasury stock) for 515 per share. November 24 Resell 4,000 shares of treasury stock at $16 per share. December 1 Declare a cash dividend on its common stock of $11,400 (\$0.10 per share) to all stockholders of record on December 15. December 20 Pay the cash dividend declared on December 1. December 31 Pay $800,000 for construction of new cabins and other facilities. The entire expenditure is recorded in the Buildings account. Great Adventures has net income of $33,000 in 2022. Retained carnings at the beginning of 2022 was $35,000. What is the amount of Treasury Stock reported on the balance sheet? \begin{tabular}{|} \hline(60,000) \\ 150,000 \\ (90,000) \end{tabular}