Yellow Enterprises reported the following $($$ in thousands$)$ as of December $31,2024.$ All accounts have normal balances.

Deficit $($debit balance in retained earnings$)$ $ $1,200$

Common stock $2,000$

Paid$-$in capital$$share repurchase $2,700$

Treasury stock $($at cost$)370$

Paid$-$in capital$$excess of par $30,500$

During $2025($$ in thousands$),$ net income was $$10,400$; $25\%$ of the treasury stock was resold for $$600$; cash dividends declared were $$610$; cash dividends paid were $$470.$

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