Exercise $8-12$A $($Algo$)$ Treasury stock transactions LO $8-5$

Elroy Corporation repurchased $2,900$ shares of its own stock for $$50$ per share. The stock has a par of $$15$ per share. A month later

Elroy resold $725$ shares of the treasury stock for $$58$ per share.

Required

What is the balance of the Treasury Stock account after these transactions are recognized?

Balance of treasury stock