At January 1, 2021, Vaughn Corporation had the following shareholders' equity: Share capital $1 Preferred shares, noncumulative, 25.000 shares authorized, 8200 shares issued $ 164000 Common shares, 1,000,000 shares authorized, 52000 shares issued 780000 944000 Retained Earnings 423000 Total Shareholders' Equity $ 1367000 On March 12, 2021, when the common shares have a market value of $ 18, the board of directors declared and paid a 12% common stock dividend. On July 31, 2021, the board declared a 3-for-1 stock split on the common shares. During the year, the company paid cash dividends of $ 78000 and reported profit of $ 432000. At its December 31 year end, the balance in share capital is? O $ 2808000. O $ 1056320. O $ 944000. O $ 3168960