As of December 31, 2018, Warner Corporation reported the following: Dividends payable Treasury stock Paid-in capital-share repurchase Other paid-in capital accounts Retained earnings $ 31,000 580,000 31,000 5,100,000 4,100,000 During 2019, half of the treasury stock was resold for $240,000; net income was $580,000; cash dividends declared were $1,390,000; and stock dividends declared were $610,000. What was shareholders' equity as of December 31, 2019? As of December 31, 2018, Warner Corporation reported the following: Dividends payable Treasury stock Paid-in capital-share repurchase Other paid-in capital accounts Retained earnings $ 31,000 580,000 31,000 5,100,000 4,100,000 During 2019, half of the treasury stock was resold for $240,000; net income was $580,000; cash dividends declared were $1,390,000; and stock dividends declared were $610,000. What was shareholders' equity as of December 31, 2019