On June 30, 2014, when Safire Co.'s stock was selling at $65 per share, its capital accounts were as follows: Capital stock (par value $50; 50,000 shares issued) $2,500,000 Premium on capital stock 600,000 Retained earnings 4,200,000. If a 100% stock dividend were declared and distributed, capital stock would be?

Please show how you came to the answer