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Exercise 11-12A (Algo) Treasury stock transactions LU 11-5 Elroy Corporation repurchased 3,500 shares of its own stock for $45 per share. The stock has a

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Exercise 11-12A (Algo) Treasury stock transactions LU 11-5 Elroy Corporation repurchased 3,500 shares of its own stock for $45 per share. The stock has a par of $15 per share. A month later. Elroy resold 875 shares of the treasury stock for $53 per share. Required What is the balance of the Treasury Stock account dfter these transactions

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