On December $31,2025,$ the stockholders' equity section of Marigold, Inc., was as follows:

Common stock, par value $$10$; authorized $40000$

issued and outstanding $12000$ shares

Additional paid$-$in capital

Retained earnings

Total stockholders' equity

On March $31,2026,$ Marigold declared a $10\%$ stock dividend, and accordingly $1200$ additional shares were issued, when the fair value of the stock was $$17$ per share. For the three months ended March $31,2026,$ Marigold sustained a net loss of $$40800.$ The balance of Marigold's retained earnings as of March $31,2026$ is

$$143200.$

$$134800.$

$$122800.$

$$131200.$