MC Qu. 83 CBA Inc has sh shares outstanding with a $par par value. The... CBA Inc has 220,000 shares outstanding with a $5.5 par value. The shares were issued for $15.5. The stock is currently selling for $27.5. CBA has $6,000,000 in retained earnings and has declared a stock dividend that will increase the number of outstanding shares by 6.50%. What will be the capital in excess of par account after the stock dividend? $2,200,000 $4,711,350 $2,514,600 $8,514,600