Cullumber Rental Corporation had the following balances in its shareholders' equity accounts at January 1, 2021: Accumulated other comprehensive income (loss) Contributed surplus-reacquisition of common shares Retained earnings Common shares (32,000 shares) $ (25,000) 537,000 1,590,000 704,000 Cullumber had the following transactions and events during 2021: Feb. 21 Repurchased 1,100 shares for $52,800. Apr. 17 Declared and paid cash dividends of $67,000. Oct. 29 Issued 1,500 shares for $103,000 cash. Dec. 31 Reported comprehensive income of $450,000, which included other comprehensive income of $33,000.