The stockholders' equity section of Sheffield Corp. as of December 31, 2020, was as follows: Common stock, par value $2; authorized 20100 shares; issued and outstanding 10050 shares $ 20100 Paid-in capital in excess of par 32000 Retained earnings 84000 $136100 On March 1, 2021, the board of directors declared a 14% stock dividend, and accordingly 1407 additional shares were issued. On March 1, 2021, the fair value of the stock was $5 per share. For the two months ended February 28, 2021, Sheffield sustained a net loss of $14800. What amount should Sheffield report as retained earnings as of March 1, 2021? $69200. $81100. O $62165. O $74065. On June 30, 2021, when Sheridan Company's stock was selling at $62 per share, its capital accounts were as follows: $2800000 Capital stock (par value $50; 56000 shares issued) Premium on capital stock Retained earnings 560000 4140000 If a 100% stock dividend were declared and distributed, capital stock would be $5600000. O $2800000. O $3360000. $6944000