In 2010, Polar Engines issued 125,000 shares of its $1 par common stock at $12 per share. On September 30, 2012 Polar Engines repurchased 15,000 shares at $17 per share to hold in Treasury. Finally, on July 31, 2013 Polar Engines resold 10,000 of its treasury stock for $20 per share.

What is the dollar amount of Treasury stock at the end of 2013?

Question 2 options:

	Treasury Stock: $255,000.
	Treasury Stock: $200,000
	Treasury Stock: $80,000
	Treasury Stock: $85,000