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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)$3,000Common stock2,800Paid-in

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

Deficit (debit balance in retained earnings)$3,000Common stock2,800Paid-in capital-treasury stock2,700Treasury stock at cost310Paid-in capitalexcess of par31,700

During 2019 ($ in 000s), net income was $10,400; 25% of the treasury stock was resold for $560; cash dividends declared were $670; cash dividends paid were $430.

What ($ in 000s) was shareholders' equity as of December 31, 2019?

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