At January 1, 20x1, Leblanc Corporation had the following shareholders' equity: Share capital $1 Preferred shares, noncumulative 25,000 shares authorized 8,000 shares issued $ 160,000 Common Shares, 1,000,000 shares authorized 50,000 shares issued 750.000 910.000 Retained Earnings 425.000 Total Shareholders' Equity $1.335.000 On March 12, 20x1, when the preferred shares have a market value of $17, the board of directors declared and paid a 15% preferred stock dividend. On July 31, 20x1, the board declared a 2-for-1 stock split on the common shares. During the year, the company paid cash dividends of 590,000 and reported profit of $405,000. At its December 31 year end, the balance in share capital is