On December 31, 2020, the stockholders' equity section of Waterway Industries, was as follows: Common stock, par value $10; authorized 30000 shares; issued and outstanding 9000 shares $ 90000 Additional paid-in capital 114000 Retained earnings 182000 Total stockholders' equity $386000 On March 31, 2021, Waterway declared a 10% stock dividend, and accordingly 900 additional shares were issued, when the fair value of the stock was $16 per share. For the three months ended March 31, 2021, Waterway sustained a net loss of $40800. The balance of Waterway's retained earnings as of March 31, 2021, should be $126800. $135800 $132200. $141200