Question 1 On June 30, 2017, Texas, Inc. showed the following data on the equity section of their balance sheet: $ 151,000 Stockholders' Equity Common Stock, $1 par; 193,000 shares authorized, 151,000 shares issued and outstanding Paid-In Capital in Excess of Par-Common Retained Earnings Total Stockholder's Equity $265,000 950,000 $1,366,000 On July 1, 2017, the company declared and distributed a 11% stock dividend. The market value of the stock at that time was $20 per share. As a result of this stock dividend, what is the balance of Retained Earnings