Talbot Corporation reported the following equity section on its current balance sheetThe common stock is currently selling for $ 12.00 per share .. $536,000Common Stock, $8 Par, 108,000 shares authorized, 67,000 shares issued and outstanding PaidIn Capital in Excess of Par - Commor Retained Earnings Total Stockholders ' Equity 126,000 308,000 $ 970,000 What would be the total amount in Paid-ln Capital in Excess of Par Common after a 40% common stock dividend?

Talbot Corporation reported the following equity section on its current balance sheet. The common stock is currently selling for $12.00 per share.. What would be the total amount in Paid - In Capital in Excess of Par - Common after a 40% common stock dividend? A. $123,200 B. $126,000 C. $26,800 D. $214,400