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Diamond Inc. had the following equity accounts on January 1, 20x3: Common shares (232794 issued) $813955 Retained Earnings 912738 During the year 20x3, Diamond Inc.

Diamond Inc. had the following equity accounts on January 1, 20x3:

Common shares (232794 issued)

$813955

Retained Earnings

912738

During the year 20x3, Diamond Inc. had the following equity transactions:

Feb. 2

Issued 9264 common shares for $34948.

June 30

Effected a 2-for-1 stock split. Shares were trading at $1.75.

Aug. 15

Declared a $2.46 cash dividend per share to shareholders of record August 15, payable January 15, 20x4.

Dec. 31

Annual net income of $509245.

What is Diamond Inc.s ending shareholders equity balance?

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