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Yellow Enterprises reported the following ($ in thousands) as of December 31, 2021. All accounts have normal balances. Deficit (debit balance in retained earnings) Common

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Yellow Enterprises reported the following ($ in thousands) as of December 31, 2021. All accounts have normal balances. Deficit (debit balance in retained earnings) Common stock Paid in capital-share repurchase Treasury stock (at cost) Paid in capital-excess of par $ 3,000 2,000 1,000 400 30,000 During 2022 (5 in thousands), net income was $9,000, 25% of the treasury stock was resold for $450; cash dividends declared were $600; cash dividends paid were $500. What (s in thousands) was shareholders' equity as of December 31, 2022? Multiple Choice $38,350 casn dividenas paid were $500. 1 What ($ in thousands) was shareholders' equity as of December 31, 2022? Multiple Choice 15:00 $38,350 $38,450 $37.450 $38.100

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