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Bruno's has 13,000 shares of stock outstanding with a par value of $1 per share and a market value of $38.29 per share. The balance

Bruno's has 13,000 shares of stock outstanding with a par value of $1 per share and a market value of $38.29 per share. The balance sheet shows $13,000 in the common stock account, $78,300 in the capital in excess of par value account, and $82,500 in retained earnings. The firm just announced a large stock dividend of 40 percent. What will be the balance in the capital in excess of par value account after the dividend?

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