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On November 19, 2020, Tracey Enterprises purchased 12,000 shares of $10 par value common stock as treasury stock for $12 per share. On December 5,

On November 19, 2020, Tracey Enterprises purchased 12,000 shares of $10 par value common stock as treasury stock for $12 per share. On December 5, 2020, they sold 5,000 shares at $15 per share. On December 30, 2020, they sold 3,000 shares for $10 per share. What is the balance of their Treasury Stock account on December 31, 2020? $48,000 $144,000 $105,000 $39,000

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