Adjustments from foreign currency translation Teasury stock ist cont Total shareholders' equity (164) Knowledge Check 01 Dab Corporation was organized on January 1, Year 1. During Year 1, Dab had the following transactions relating to shareholders' equity: $2.000 Issued 28,000 shares of common stock in exchange for cash of $442,400 Reported net income of $98,000 Reported net holding gains on available-for-sale investments in debt securities of $1,000 Paid dividends of $54,000 What is total shareholders' equity at the end of Year 1