Wildhorse, Inc. had 85000 shares of treasury stock ( $10 par) at December 31,2024 , which it acquired at $12 per share. On June 4. 2025. Wildhorse issued 42500 treasury shares to employees who exercised options under Wildhorse's employee stock option plan. The market value per share was $12 on December 31,2024,$14 on June 4, 2025, and $17 on December 31,2025 . The stock options had been granted for $11 per share. If the cost method is used, what is the balance of the treasury stock on Wildhorse's balance sheet on December 31, 2025? $212500 $425000 $510000 $467500