As of December 31, 2021, Purdue Corporation reported the following: Cash dividends payable $10,000 Treasury stock 300,000 Paid-in capital-share repurchase 10,000 Common stock and other paid-in capital accounts 2,000,000 Retained earnings 1,500,000 During 2022, half of the treasury stock was resold for $120,000; net income was $300,000; cash dividends declared were $250,000; and small stock dividends declared and distributed were $200,000. What would shareholders' equity be as of December 31, 2022? $3,880,000. $3,380,000. $3,910,000 $3,410,000