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Yellow Enterprises reported the following ( $ in thousands ) as of December 3 1 , 2 0 2 4 . All accounts have normal

Yellow Enterprises reported the following ($ in thousands) as of December 31,2024. All accounts have normal balances.
Deficit (debit balance in retained earnings) $ 1,400
Common stock 2,200
Paid-in capitalshare repurchase 1,600
Treasury stock (at cost)230
Paid-in capitalexcess of par 30,700
During 2025($ in thousands), net income was $9,600; 25% of the treasury stock was resold for $630; cash dividends declared were $780; cash dividends paid were $470.
What ($ in thousands) was shareholders' equity as of December 31,2025?

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