Previous Page Next Page Page 23 of 25 Question 23 (4 points) Tire Shop has 9,500 shares of stock outstanding with a par value of $1 per share and a market value of $25 per share. The balance sheet shows $9,000 in the common stock account, $30,350 in the capital in excess of par account, and $82,400 in the retained earnings account. The firm just announced a 100 percent stock dividend. What is the value of the capital in excess of par account after the dividend? A) $30,350 B) $64,800 C) $32,400 D) $39,900 E) $24,900