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43. Yellow Enterprises reported the following ($ in thousands) as of December 31, 2021. All accounts have normal balances. Deficit (debit balance in retained earnings)

43.

Yellow Enterprises reported the following ($ in thousands) as of December 31, 2021. All accounts have normal balances.

Deficit (debit balance in retained earnings)

$

2,200

Common stock

3,700

Paid-in capitalshare repurchase

1,300

Treasury stock (at cost)

220

Paid-in capitalexcess of par

31,900

During 2022 ($ in thousands), net income was $10,100; 25% of the treasury stock was resold for $630; cash dividends declared were $790; cash dividends paid were $410. What ($ in thousands) was shareholders' equity as of December 31, 2021?

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Multiple Choice

$33,180.

$34,480.

$34,920.

$38,880.

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