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During 2025 ( $ in thousands), net income was $9,300;25% of the treasury stock was resold for $450; cash dividends declared were $670; cash dividends

image text in transcribed During 2025 ( $ in thousands), net income was $9,300;25% of the treasury stock was resold for $450; cash dividends declared were $670; cash dividends paid were $490. What (\$ in thousands) was shareholders' equity as of December 31, 2024 ? Multiple Choice $38,790 $35,610 $32,690 $34,990

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