Following is the stockholders equity section of the balance sheet of Gibson Corporation: The preferred stock is currently selling for $102.25 per share and the common stock is currently selling for $11.50 per share. The board of directors votes to declare a 10% stock dividend on its common stock. Refer to Table 5. The balance in the common stock account after the distribution of a 10% common stock dividend is. $200,000 $220,000 $275,000 $400,000