Following is the shareholders' equity section of the balance sheet of the Olive Corporation: Share capital: Common shares, 200,000 shares authorized, 70,000 shares issued $700,000 Total share capital $700,000 Retained earnings 350,000 Total shareholders' equity $1,050,000 The common shares are currently selling for $15.50 per share. After distribution of $0.75 per share cash dividend, what is the ending total shareholder's equity