$ 227,000 Cash 100,000 Merchandise Inventory (12/31/2012) Equipment Accounts Receivable 120,000 105,000 350,000 Common Stock ($.50 par) 880,000 Sales 67,000 120,000 Rent Expense Bonds Payable (due 2040) 27,000 Accounts Payable 10,000 47,000 Dividends Treasury Stock, Common (19,000 shares) Preferred Stock 6% ($10 par) 85,000 260,000 Land Paid-in Capital in Excess of Par Value, Preferred Cost of Goods Sold 8,000 720,000 20,000 Interest Expense 23,000 Unearned Revenue Paid-in Capital from Treasury Stock Transactions, Common 56,000 Allowance for Doubtful Accounts 5,000 Operating Expenses Accumulated Depreciation- Equipment 95,000 30,000 Paid-in Capital in Excess of Par Value, Common 117,000 Retained Earnings (1/1/2012) 70,000 If Tom were to declare and distribute a 2% stock dividend to shareholders on January 1, 2013 at a time where the market price of the common stock was $2 per share, the amount of retained capitalized would be: O $27,120. $14,000. O $28,000. O $7,000. None of the above