As of December 31, 2024, Yan Xiong Corporation reported the following: During 2025, haif of the treasury stock was resold for $244,000; net income was $620,000; cash dividends declared were $1,520,000; and 5 tock dividends declared were $520,000. The 2025 sale of half of the treasury stock would: increase total shareholders' equity by $310,000. reduce retained eamings by $66,000 reduce income before tax by $66,000 Feduce retained eamings by $44,000