Edit the following sentence to ensure it is grammatically correct and properly punctuated.
The town was founded in the 1700s
The town was founded in the 1700's.
Below is an instruction that describes a task. Write a response that appropriately completes the request.

### Instruction:
Edit the following sentence to ensure it is grammatically correct and properly punctuated.

### Response:
The town was founded in the 1700's.