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S Exercise 11-12A (Algo) Treasury stock transactions LO 11-5 Elroy Corporation repurchased 3,400 shares of its own stock for $45 per share. The stock has

image text in transcribed S Exercise 11-12A (Algo) Treasury stock transactions LO 11-5 Elroy Corporation repurchased 3,400 shares of its own stock for $45 per share. The stock has a par of $10 per share. A month later, Elroy resold 850 shares of the treasury stock for $53 per share. Required What is the balance of the Treasury Stock account after these transactions? eBook Hint Balance of treasury stock Ask

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