The stockholders' equity of Crane Company at July 31, 2026 is presented below: Common stock, par value $20, authorized 400,000 shares; On August 1,2026, the board of directors of Crane declared a 16\% stock dividend on common stock, to be distributed on September 15th. The market price of Crane's common stock was $72 on August 1,2026, and $78 on September 15,2026 . What is the amount of the debit to retained earnings as a result of the declaration and distribution of this stock dividend? $2059200.$1372800.$990000.$1900800