Doe enterprises reported the following($ in 000s)as of Dec 31, 2011. All accounts have normal balances.
Deficit $2,100 , common stock $3,800 , paid-in capital stock options $2,600 , treasury stock at cost $240 , paid-in capital excess of par $31,900.
During 2012 ($in000s), net income was $9,700 ,25% of the treasury stock was resold for $610;cash dividends declared were $640, cash dividends paid were $440; and all the stock options expired.
What($ in 000s) was shareholders equity as of 12-31-2011 and what will it be on 12-31-12 after the actions given for the year have taken place?
