ABC Corporation has recently published its financial statements for the year ending December 31, 2023. Upon reviewing the balance sheet, you notice the following key figures:
- Total Assets: $1,200,000
- Total Liabilities: $800,000
- Shareholders' Equity consists of Common Stock worth $300,000 and Retained Earnings of $100,000.
Given this information, what is the total amount reported for Shareholders' Equity on ABC Corporation's balance sheet?