Kurt's market has 16000 shares of stock outstanding with a par value of $1 per share and a market value of $17 per share. The balance sheet shows $16,000 in the common stock account, $236,000 in the capital in excess of par account, and $314,800 in the retained earnings account. The firm just announced a stock dividend of 65 percent .what will be the balance in the retained earnings account after this dividend? do not use excel or word options are a) 304,400 b) 316,800 c) 314,800 d) 308,600 e) 325,200