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As of December 31, 2018, Warner Corporation reported the following: Dividends payable 37,000 Treasury stock Paid-in capital-share repurchase Other paid-in capital accounts Retained earnings 770,000

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As of December 31, 2018, Warner Corporation reported the following: Dividends payable 37,000 Treasury stock Paid-in capital-share repurchase Other paid-in capital accounts Retained earnings 770,000 37,000 5,700,000 4,700,000 During 2019, half of the treasury stock was resold for $274,000; net income was $770,000; cash dividends declared $1,670,000; and stock dividends declared were $670,00o. were What would shareholders' equity be as of December 31, 2019? Multiple Choice $6,370,000 $9,041,000. During 2019, half of the treasury stock was resold for $274,000; net income was $770,000; cash dividends declared were $1,670,000; and stock dividends declared were $670,000. What would shareholders' equity be as of December 31, 2019? Multiple Choice $6,370,000. $9,041,000. $10,041,000. $9,152,000

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