4 Taouk Company reported total shareholders' equity of $58,000 on its statement of financial position dated December 31, 2021. During 2021, it reported net earnings of $4,000, declared a cash dividend of $2,000, declared and distributed a common stock dividend of $3,000, and issued preferred shares of $20,000. What was total shareholders' equity at January 1, 2021 (i.e. the beginning of the same year)? OA. The beginning shareholders' equity cannot be determined without knowing the beginning balance retained earnings OB. $39,000 OC. $36.000 OD. $38,000