The following information was provided for ABC Business Enterprises for the past year:

Shareholders' equity, beginning $3,592,000 Profit for the year 200,000

Return on shareholder's equity 2.50%

What was the ending balance for shareholders equity?

$12,408,000

$12,000,000

$12,608,000

$11,792,000

Above are the values that are in the question ,Please include calculations, Thank you