Question: Coy, Inc. initially issued 2 0 0 , 0 0 0 shares of $ 1 par stock for $ 1 , 0 0 0 ,

Coy, Inc. initially issued 200,000 shares of $1 par stock for $1,000,000 in 2016. In 2017, the company repurchased 20,000 shares for $200,000. In 2018,10,000 of the repurchased shares were resold for $160,000. In its balance sheet dated December 31,2018, Coy, Inc.'s treasury stock account shows a balance of: Group of answer choices $200,000. $40,000. $0 $100,000.

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