ellow Enterprises reported the following ($ in thousands) as of December 31, 2024. All accounts have normal balances. Deficit (debit balance in retained earnings) $ 1,800 Common stock 3,400 Paid-in capital—share repurchase 1,500 Treasury stock (at cost) 350 Paid-in capital—excess of par 30,100 During 2025 ($ in thousands), net income was $10,000; 25% of the treasury stock was resold for $630; cash dividends declared were $790; cash dividends paid were $470. What ($ in thousands) was shareholders' equity as of December 31, 2024?

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Yellow Enterprises reported the following ($ in thousands) as of December 31, 2024. All accounts have normal balances.

Deficit (debit balance in retained earnings) $ 1,800
Common stock 3,400
Paid-in capital—share repurchase 1,500
Treasury stock (at cost) 350
Paid-in capital—excess of par 30,100

During 2025 ($ in thousands), net income was $10,000; 25% of the treasury stock was resold for $630; cash dividends declared were $790; cash dividends paid were $470.

What ($ in thousands) was shareholders' equity as of December 31, 2024?

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