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Quiz Saved Help Save& Exit Subm As of December 31,2018, Warner Corporation reported the following: Dividends payable Treasury stock Paid-in capital-share repurchase Other paid-in capital

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Quiz Saved Help Save& Exit Subm As of December 31,2018, Warner Corporation reported the following: Dividends payable Treasury stock Paid-in capital-share repurchase Other paid-in capital accounts Retained earnings $ 24,000 640,000 24,000 4,400,000 3,400,000 During 2019, half of the treasury stock was resold for $248,000; net income was $640,000 cash dividends declared were $1,540,000; and stock dividends declared were $540,00o. What would shareholders' equity be as of December 31, 2019 Multiple Choice $7.532000 $6,604,000 30 44n ? F3

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