On December 1, 2020, Dublin Ltd. exchanged 10,000 of its no par value common shares (being held in the treasury) for a used machine. The treasury shares were acquired by Dublin for $ 35 per share. On the date of the exchange, the common shares, which had originally been issued at $ 30 per share, had a market value of $ 55 per share. As a result of this exchange, Dublin's total shareholders' equity will increase by

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The increase in shareholders' equity is calculated based on the market value of the shares exchanged, which is 10,000 shares at $55 per share, totaling $550,000.