On June $30,2026,$ when Sandhill Co$.\text{'}$s stock was selling at $$64$ per share, its capital accounts were as follows:

Capital stock $($par value $$50$;$63000$ shares issued$)$ $$3150000$

Premium on capital stock

$630000$

Retained earnings

$4190000$

If a $100\%$ stock dividend were declared and distributed, capital stock would be

$$8064000.$

$$6300000.$

$$3150000.$

$$3780000.$