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Yellow Enterprises reported the following ($ in 000s) as of December 31, 2018. All accounts have normal balances. Deficit (debit balance in retained earnings) $

Yellow Enterprises reported the following ($ in 000s) as of December 31, 2018. All accounts have normal balances. Deficit (debit balance in retained earnings) $ 1,400 Common stock 3,200 Paid-in capital-treasury stock 1,900 Treasury stock at cost 340 Paid-in capitalexcess of par 30,700 During 2019 ($ in 000s), net income was $10,000; 25% of the treasury stock was resold for $620; cash dividends declared were $650; cash dividends paid were $410. What ($ in 000s) was shareholders' equity as of December 31, 2019?

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$46,030.

$43,650.

$44,030.

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