The stockholders' equity section of Baxter Corporation as of December 31,2020 , was as follows: On March 1, 2021, the board of directors declared a 15\% stock dividend, when the fair value of the stock was $6 per share. For the two months ended February 28, 2021, Baxter sustained a net loss of $15,000. What amount should Baxter report as retained earnings as of March 1, 2021? a. $61,000 b. $67,000 c. $71,000 d. $77,000