A company with 400,000 authorized shares of $4 par common stock issued 160,000 shares at $8. Subsequently, the company declared a 2% stock dividend on a date when the market price was $12 per share. What is the amount transferred from the retained earnings account to the paid-in capital accounts as a result of the stock dividend? a. $38,400 b. $25,600 c. $12,800 d. $12,800