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Business, 05.05.2020 17:38 ethansellenburg

As of December 31, 2021, Hernandez Corporation reported the following: Cash dividends payable $ 30,000 Treasury stock 700,000 Paid-in capital—share repurchase 30,000 Common stock and other paid-in capital accounts 5,000,000 Retained earnings 4,000,000 During 2022, half of the treasury stock was resold for $260,000; net income was $700,000; cash dividends declared were $600,000; and small stock dividends declared and distributed were $420,000. What would shareholders' equity be as of December 31, 2022?

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As of December 31, 2021, Hernandez Corporation reported the following: Cash dividends payable $ 30,0...
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