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 capital$$share repurchase $1,600$

Treasury stock $($at cost$)230$

Paid$-$in capital$$excess 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 $31,2025?$