260 20) On June 30 2017 7. Stephans, Inc. showed the following data on the equity section of their balance sheet Stockholders' equity Common stock, $1 par: 199,000 shares authorized, 157,000 shares issued and outstanding $15700 $262,000 Paid-In Capital in Excess of Par-Common Retained Earnings Total Stockholder's Equityy On July 1, 2017, the company declared and distributed a 6% stock dividend. The market value of the stock at hat time was $14 per share. Following this transaction, what is total stockholders' equity? A) $1,376,000 B) $1,558,140 C) $1,302,860 D) $1,208,840