The balances in Wildhorse Inc.'s shareholders' equity accounts at December 31, 2023 are:

	Common shares, no par, 54500 authorized, 43600 outstanding		$1438800
	Retained earnings (deficit)		(363000)

At this, time, a financial reorganization was approved. Equipment was written down $99800, and inventory increased $6300. As the first step of the reorganization, how much should the Common Shares account be adjusted by?

Select answer from the options below

$363000

$1111800

$501400

$436000