Share capital

$$1$ preferred shares, noncumulative,

$25000$ shares authorized, $8200$ shares issued $$164000$

Common shares, $1000000$ shares authorized

$54000$ shares issued, $$770000$

Retained earnings $$426000$

Total shareholders' equity $$1360000$

On March $12,2024,$ when the common shares had a market value of $$22,$ the board of directors declared and paid a $8\%$ comn

dividend. On July $31,2024,$ the board declared a $2-$for$-1$ stock split on the common shares. During the year, the company paic

dividends of $$7600$ and reported profit of $$439000.$ At its December $31$ year end, the balance in share capital is$?$ A$.$$$2058080$ B$.$$$2376000$ C$.$$$934000$ D$.$$$1029040$