As of December 31, 2021, Warner Corporation reported the following: ...

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Accounting

As of December 31, 2021, Warner Corporation reported the following:

Cash dividends payable $ 37,000
Treasury stock 520,000
Paid-in capitalshare repurchase 37,000
Common stock and other paid-in capital accounts 5,700,000
Retained earnings 4,700,000

What was shareholders' equity as of December 31, 2021?

Multiple Choice

  • $10,437,000.

  • $9,880,000.

  • $9,917,000.

  • $9,954,000.

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