What was shareholders equity as of December

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

Deficit (debit balance in retained earnings)$3,000 Common stock 2,800 Paid-in capital-treasury stock 2,700 Treasury stock at cost 310 Paid-in capital-excess of par 31,700

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?

Reference no: EM132578145

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