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As of December 31, 2021, Hernandez Corporation reported the following: Cash dividends payable Treasury stock Paid-in capital-share repurchase Common stock and other paid-in capital accounts

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As of December 31, 2021, Hernandez Corporation reported the following: Cash dividends payable Treasury stock Paid-in capital-share repurchase Common stock and other paid-in capital accounts Retained earnings $ 25,000 650,000 25,000 4,500,000 3,500,000 During 2022, half of the treasury stock was resold for $250.000; net Income was $650,000; cash dividends declared were $550,000; and small stock dividends declared and distributed were $410,000. What would shareholders' equity be as of December 31, 2022

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