Black Enterprises reported the following ($ in 000s) as of December 31, 2011. All accounts have normal balances. Deficit 2,200 Common stock 3,100 Paid-in capital-stock options 2,600 Treasury stock at cost 380 Paid-in capital-excess of par 30,200 During 2012 ($ in 000s), net income was $10,500; 25% of the treasury stock was resold for $470; cash dividends declared were $720; cash dividends paid were $490; and all of the stock options expired. What ($ in 000s) was shareholders' equity as of December 31, 2012?