Deficit (debit balance in retained earnings) Common stock Paid-in capital-treasury stock Treasury stock at cost Paid-in capital-excess of par $ 1,500 2,900 1,000 400 31,800 During 2019 $ in 00s, net income was $9,300; 25% of the treasury stock was resold for $530; cash dividends declared were $730, cash dividends pald were $450 What is in 00s) was shareholders' equity as of December 31, 2018? Multiple Choice $36,800 $34.500 $33,800 $32,800