As of December 31, 2021, Corporation reported the following:

Cash dividends payable	$	36,000
Treasury stock		760,000
Paid-in capitalshare repurchase		36,000
Common stock and other paid-in capital accounts		5,600,000
Retained earnings		4,600,000

During 2022, half of the treasury stock was resold for $272,000; net income was $760,000; cash dividends declared were $660,000; and small stock dividends declared and distributed were $432,000. What would shareholders' equity be as of December 31, 2022?

Multiple Choice

$9,848,000.

$9,956,000.

$10,848,000.

None of these amounts is correct..