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As of December 31, 2021,Corporation reported the following: Cash dividends payable $ 37,000 Treasury stock 770,000 Paid-in capitalshare repurchase 37,000 Common stock and other paid-in

As of December 31, 2021,Corporation reported the following:

Cash dividends payable $ 37,000
Treasury stock 770,000
Paid-in capitalshare repurchase 37,000
Common stock and other paid-in capital accounts 5,700,000
Retained earnings 4,700,000

During 2022, half of the treasury stock was resold for $274,000; net income was $770,000; cash dividends declared were $670,000; and small stock dividends declared and distributed were $434,000. What would shareholders' equity be as of December 31, 2022?

Multiple Choice

$11,041,000.

$10,041,000.

None of these amounts is correct..

$10,152,000.

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