Ivanhoe Corporation owned $893000$ shares of Flint Corporation stock. On December $31,2026,$ when Ivanhoe's account "Equity Investments $($Flint Corporation"$)$ had a carrying value of $$5$ per share, Ivanhoe distributed these shares to its stockholders as a dividend. Ivanhoe originally paid $$8$ for each share. Flint has $4970000$ shares issued and outstanding, which are traded on a national stock exchange. The quoted market price for a Flint share was $$7$ on the declaration date and $$9$ on the distribution date.

What would be the reduction in Ivanhoe's stockholders' equity as a result of the above transactions?

$$4465000$

$$7144000$

$$3572000$

$$8037000$