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6 9 As of December 31, 2021, Hobbit Corporation reported the following balances in its...

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Accounting

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6 9 As of December 31, 2021, Hobbit Corporation reported the following balances in its shareholders' equity accounts: Cash dividends payable S 60,000 Treasury stock 700.000 Paid-in capital share repurchase 60,000 Common stock and other paid-in capital accounts 5,000,000 Retained earnings 2,000,000 What was total shareholders' equity at December 31, 2022? $6,360,000 $6,420,000 O $6,300,000 $7,060,000

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