$On$ December $1,2023,$ Wildhorse $Ltd.$ exchanged $7000of$ its $no$ par value common shares

$(being$ held $in$ the treasury$)$ for a used machine. The treasury shares were acquired $by$

Wildhorse for $$34$ per share. $On$ the date $of$ the exchange, the common shares, which had

originally been issued $at$ $$28$ per share, had a market value $of$ $$55$ per share. $As$ a result $of$

this exchange, Wildhorse's total shareholders' equity will increase $by$

$$238000.$

$$385000.$

$$196000.$

$$294000.$