11 Yosef, Inc., has 65,000 shares outstanding that sell for a price of $61 per share. The stock has a par value of $2 per share. The company's balance sheet shows capital surplus of $120,000 and retained earnings of $160,000. If the company declares a stock dividend of 10 percent, what is the new common stock value on the balance sheet? Multiple Choice $275,000 $308,000 $451,000 $132,000 $143,000