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As of December 31, 2021, Purdue Corporation reported the following Duning 2022, half of the treasury stock was resold for $280,000, net income was $800,000

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As of December 31, 2021, Purdue Corporation reported the following Duning 2022, half of the treasury stock was resold for $280,000, net income was $800,000 cashi dividends declared were $700,000, and small stock dividends deciared and distributed were $440,000. What would shareholders equity be as of December 31,2022? Mutupiericholce $5.740,000 $11.620.000. None of these amounts is correct. $10,620,000

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