Randal Enterprises reported the following information at December 31:

Preferred Stock, $10 par, 10,000 shares authorized	$ 83,000
Additional paid-in capital - preferred stock	9,900
Common stock, $1 par, 12,000 shares authorized	7,200
Additional paid-in capital - common stock	8,700
Retained earnings	27,000
Treasury stock, at cost of $4 per share	(8,000	)
Total	$127,800

Randal's stock was selling for $22 per share at year-end. If the company declares a 10% common stock dividend, what will be the amount of total shareholders' equity at year-end?

	A.	$ 90,200
	B.	$ 18,260
	C.	$159,200
	D.	$127,800