As of December 31, 2021, Purdue Corporation reported the following: Cash dividends payable Treasury stock Paid-in...

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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 $ 38,000 780,000 38,000 5,800,000 4,800,000 During 2022, half of the treasury stock was resold for $276,000; net income was $780,000; cash dividends declared were $680,000; and small stock dividends declared and distributed were $436,000. What would shareholders' equity be as of December 31, 2022? Multiple Choice $11,234,000. $10,348,000. None of these amounts is correct.. $10,234,000. 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 $ 38,000 780,000 38,000 5,800,000 4,800,000 During 2022, half of the treasury stock was resold for $276,000; net income was $780,000; cash dividends declared were $680,000; and small stock dividends declared and distributed were $436,000. What would shareholders' equity be as of December 31, 2022? Multiple Choice $11,234,000. $10,348,000. None of these amounts is correct.. $10,234,000.