Taouk Company reported total shareholders' equity of $58,000 on its statement of financial position dated December 31, 2021. During 2021, it reported net earnings of $4,000, declared a cash dividend of $2,000, declared and distributed a common stock dividend of $3,000 and issued preferred shares of $20,000. What was total shareholders' equity at January 1 2021 (l.e. the beginning of the same year? OA The beginning shareholders' equity cannot be determined without knowing the beginning balance of retained earrings OB S39,000 OC $36.000 OD S38,000