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 $ 27,000 670,000 27,000 4,700,000 3,700,000 During 2019, half of the treasury stock was resold for $230,000; net income was $670,000; cash dividends declared were $1,430,000, and stock dividends declared were $570,000. During 2019, half of the treasury stock was resold for $230,000; net income was $670,000; cash dividends declared were $1,430,000; and stock dividends declared were $570,000. What was shareholders' equity as of December 31, 2018? Multiple Choice O $7,784,000. 778,000 O $7730,000 57720.000 0 $7757,000 O 89427000