FX Services reported the following as of December 31, 2022: Cash dividends payable $ 29,000 Treasury stock 690,000 Paid-in capitalshare repurchase 29,000 Common stock and other paid-in capital accounts 4,900,000 Retained earnings 3,900,000 During 2023, half of the treasury stock was resold for $258,000; net income was $690,000; cash dividends declared were $1,590,000; and stock dividends declared were $590,000. The 2023 sale of half of the treasury stock would