17.

Assume the following accounts of CJE Corporation on December 31,2019:

Accounts Payable	30,000
Income Tax Payable	400,000
Ordinary Share Capital	1,000,000
Mortgage payable (500,000 due in six months)	4,000,000
Note Payable due January 31,2021	200,000
Share Premium	1,500,000
Preference Share Capital	4,500,000
Premium on Notes Payable	200,000
Unearned Rent Income	40,000
Employee income taxes witheld	12,500
Bank Overdraft at PNI Bank	76,000
Estimated expenses as a result of meeting warranties	115,000
Advances to subsidiary	54,000
Treasury Shares	150,000

Retained Earnings has the following information for the year:

Retained Earnings - January 1,2019	2,250,000
Dividends - Ordinary	100,000
Dividends - Preference	200,000
Loss during the year	500,000
* All dividends are paid during the year

How much is the Shareholder's Equity for the year 2019?