14. The stockholders' equity section of Waterway Industries as of December 31, 2020, was as follows: Common stock, par value $2; authorized 19300 shares; issued and outstanding 9650 shares $ 19300 Paid-in capital in excess of par 33000 Retained earnings 88000 $140300 On March 1, 2021, the board of directors declared a 16% stock dividend, and accordingly 1544 additional shares were issued. On March 1, 2021, the fair value of the stock was $7 per share. For the two months ended February 28, 2021, Waterway sustained a net loss of $15200. What amount should Waterway report as retained earnings as of March 1, 2021? $61992. $66624. $75692. $80324.