Question
Company A's income statement shows the following for June 1st 2021 Net Income: 4,575,000 Total other comprehensive income: 150,000 comprehensive income: 4,725,000 Company A's statement
Company A's income statement shows the following for June 1st 2021 Net Income: 4,575,000 Total other comprehensive income: 150,000 comprehensive income: 4,725,000 Company A's statement of shareholder's equity at June 1st 2021 Paid in capital: 3,000,000 retained earnings: 500,000 accumulated other comprehensive income 25000 total shareholders equity: 3,525,000 During 2021 Company A: Issued common stock of 1,000,000 on January 1st paid 50,000 dividends repurchased common stocks worth 100,000 and kept them as treasury stock until March
What is the total shareholders equity balance at the end of 2021?
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