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10. Yellow Enterprises reported the following ($ in thousands) as of December 31, 2021. All accounts have normal balances. Deficit (debit balance in retained earnings)
10. Yellow Enterprises reported the following ($ in thousands) as of December 31, 2021. All accounts have normal balances.
Deficit (debit balance in retained earnings) | $ | 3,000 |
|
Common stock |
| 2,000 |
|
Paid-in capitalshare repurchase |
| 1,000 |
|
Treasury stock (at cost) |
| 400 |
|
Paid-in capitalexcess of par |
| 30,000 |
|
During 2022 ($ in thousands), net income was $9,000; 25% of the treasury stock was resold for $450; cash dividends declared were $600; cash dividends paid were $500.
What ($ in thousands) was shareholders' equity as of December 31, 2021?
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