Yellow Enterprises reported the following ($ in thousands) as of December 31, 2024. All accounts have normal balances. Deficit (debit balance in retained earnings) Common stock $ 2,500 Paid-in capital-share repurchase Treasury stock (at cost) 3,900 2,800 310 31,700 Paid-in capital-excess of par During 2025 ($ in thousands), net income was $9,600; 25% of the treasury stock was resold for $580; cash dividends declared were $780; cash dividends paid were $470. What ($ in thousands) was shareholders' equity as of December 31, 2024? Multiple Choice $36,210 $40,590 $35,590 $32,790

During 2025 ( $ in thousands), net income was $9,600;25% of the treasury stock was rescld for $580; cash dividends declared were $780, cash dividends paid were $470. What ( $ in thousands) was shaceholders' equily as of December 31, 2024? Mutiple Choice 536.210 $40,590 $35,590 $32,790