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The stockholders' equity of Wildhorse Company at July 31.2026 is presented below: Common stock, par value $20 authorized 400,000 shares: On August 1, 2026, the

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The stockholders' equity of Wildhorse 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 Wildhorse declared a 14% stock dividend on common stock, to be distributed on September 15 th. The market price of Wildhorse's common stock was $68 on August 1,2026 , and $74 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? $1135680$1014000$1608880$1750840

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