Francis Forensic Inc. has 500,000 shares outstanding. The shares were issued for $10. The stock is currently selling for $40. Francis Forensic has $6,000,000 in retained earnings and has declared a stock dividend that will increase the number of outstanding shares by 10%. What will be the common stock account after the stock dividend?

Select one:

A.$5,500,000

B.$22,000,000

C.$20,000,000

D.$6,600,000