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As of December 31, 2021, Purdue Corporation reported the following: During 2022, half of the treasury stock was resold for $256,000; net income was $680,000;

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As of December 31, 2021, Purdue Corporation reported the following: During 2022, half of the treasury stock was resold for $256,000; net income was $680,000; cash dividends declared were $580,000; and small sto dividends declared and distributed were $416,000. What would shareholders' equity be as of December 31,2022? Multiple Choice \$8.388,000. $9,304,000. $8,304,000

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