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CBA Inc. has 260,000 shares outstanding with a $10.5 par value. The shares were issued for $20.5. The stock is currently selling for $325 CBA

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CBA Inc. has 260,000 shares outstanding with a $10.5 par value. The shares were issued for $20.5. The stock is currently selling for $325 CBA has $7,000,000 in retained earnings and has declared a stock dividend that will increase the number of outstanding shares by 1150% What will be the capital in excess of par account after the stock dividend? Multiple Choice $3.956,050 $3,257.800 $10.257800 $2.600.000

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