As of December 31, 2021, Purdue Corporation reported the following: Cash dividends payable Treasury stock Paid-in capital-share repurchase Common stock and other paid-in capital accounts Retained earnings $ 29,000 690,000 29,000 4,900,000 3,900,000 During 2022. half of the treasury stock was resold for $258,000, net income was $690,000; cash dividends declared were $590,000; and small stock dividends declared and distributed were $418.000 What would shareholders' equity be as of December 31, 2022? What would shareholders' equity be as of December 31, 2022? Multiple Choice O $8,497,000. O $9,497,000. None of these amounts is correct. $8,584,000