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Gordon Corporation reported the following equity section on its current balance sheet. The common stock is currently selling for $11.50 per share. Common stock, $5

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Gordon Corporation reported the following equity section on its current balance sheet. The common stock is currently selling for $11.50 per share. Common stock, $5 par, 100,000 shares authorized, 40,000 shares issued $200,000 Paid in capital in excess of par-common 120,000 Retained earnings 290,000 Total stockholders' equity $610,000 What would be the balance in the Common stock account after the issuance of a 10% stock dividend? Select one O a. $226,000 O b. $246,000 O c. $220,000 O d. $200,000

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