Based on the following account balances, what is the total shareholders equity?

Common Shares................................................................... $700,000

Stock Dividends Distributable............................................. 40,000

Retained Earnings................................................................ 190,000

Preferred Shares................................................................... 20,000

Cash Dividends Payable...................................................... 50,000

Question 36 options:

	$950,000
	$800,000
	$820,000
	$850,000
	None of the above