Murphy's, Incorporated, has 20,000 shares of stock outstanding with a par value of $1 per share. The market value is $11 per share. The balance sheet shows $68,000 in the capital in excess of par account, $20,000 in the common stock account, and $128,500 in the retained earnings account. The firm just announced a stock dividend of 10 percent. What will the balance in the capital in excess of par account be after the dividend? Multiple Choice $90,000 $86,000 $88,000 $62,000 $108,500