Supermart, Inc. completed the following treasury stock transactions in 2016:

Mar. 3 Purchased 1,800 shares of the company's $ 6 par value common stock as treasury stock, paying cash of $ 10 per share.

Mar. 17 Sold 400 shares of the treasury stock for cash of $ 14 per share.

Mar. 25 Sold 600 shares of the treasury stock for cash of $ 6 per share.

(Assume the balance in Paid-In Capital from Treasury Stock Transactions on March 24 is $ 1,600

How will Supermart, Inc. report treasury stock on its balance sheet as of December 31, 2016?