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A company with 86,000 authorized shares of $4 por common stock Issued 48,000 shares at $16. Subsequently, the company declared 2 stock dividendo a date

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A company with 86,000 authorized shares of $4 por common stock Issued 48,000 shares at $16. Subsequently, the company declared 2 stock dividendo a date when the market price was $33 per share. What is the amount transferred from the retained earnings account to poid-in capital accounts and the stock dividend? Os $27.840 Ob. 331.680 Oc. $56,760 d. $3.540

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