Question 19 0 / 1 point XYZ Company had 400,000 authorized shares of $8 par common stock. It issued 120,000 of these shares at $14 per share. There were no shares held in treasury. Later, when the market price of the stock was $22 a share, XYZ declared a 6% stock dividend. Compute the amount transferred from the Retained Earnings account to Contributed Capital accounts as a result of the stock dividend. 1) $158,400 2) $100,800 x 3) $57,600 ) 4) $528,000