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As of December 31, 2024, Purdue Corporation reported the following: During 2025 , half of the treasury stock was resold for $274,000; net income was

image text in transcribed As of December 31, 2024, Purdue Corporation reported the following: During 2025 , 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 31,2025

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