Question $9$ of $40$

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On June $30,2026,$ when Carla Vista Co$.\text{'}$s stock was selling at $$62$ per share, its capital accounts were as follows:

Capital stock $($par value $$50$;$57000$ shares issued$)$ $$2850000$

Premium on capital stock

$570000$

Retained earnings

$4300000$

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

$$5700000.$

$$3420000.$

$$2850000.$

$$7068000.$