Jasmine Corporation has a December 31 fiscal year-end. The following table shows the adjusted trial balance at December 31, 2019. Adjusted Trial Balance December 31, 2019 Debit Credit Cash 25,000 Inventory 40,000 Accounts receivable 8,000 Prepaid insurance expenses 7,000 Note receivable 50,000 Accrued interest revenues 9,000 Land 125,000 Buildings 352,000 Equipment 118,000 Trademarks 90,050 Accumulated depreciation - buildings 88,000 Accumulated depreciation - equipment 29,250 Accrued salary expenses 60,000 Unearned revenue 30,000 Dividend payable 20,050 Note payable - due in 4 years 125,000 Common shares 350,000 Retained earnings 130,250 Sales revenues 420,050 Interest revenues 19,750 Operating expenses 422,600 Interest expense 3,400 Income tax expense 2,250 Dividend declared 20,050 Total $1,272,350 $1,272,350 22. Assume that there is only one product under the Inventory account. After preparing the above adjusted trial balance, Jasmine Corporation discovers the following new information that the net realizable value of the entire Inventory is $4,000 as at December 31, 2019. After considering this new information, what is the dollar amount of shareholders' equity that must be reported on the statement of financial position for the year ended on December 31, 2019