At the end of 20x1, the following information related to the common stock of Foster Corp. Authorized shares: 200,000 Issued shares: 123,707 Treasury shares: During 20x2, the company issued 12,763 additional shares of common stock. On December 31, 20x2, Foster's board of directors declared a $2.21 per share. What amount of Dividend Payable will be reported on Foster's 20x2 balance sheet? Round to the nearest dollar. 3,446