As of December 31, 2013, Warner Corporation reported the following:

Dividends payable	21,000
Treasury stock	610,000
Paid-in capital - share repurchase	21,000
Other paid-in capital accounts	4,100,000
Retained earnings	3,100,000

During 2014, half of the treasury stock was resold for $242,000; net income was $610,000; cash dividends declared were $1,510,000; and stock dividends declared were $510,000.

What would shareholders' equity be as of December 31, 2014?

	$6,953,000
	$6,016,000
	$5,953,000
	Amount is not shown.