murphy's has shares of stock outstanding with a par value of $1 per share and a market value of $24.60 per share. the balance sheet shows $32,500 in the capital in excess of par account, $12,000 in the common stock account, and $68,700 in the retained earnings account. the firm just announced a stock dividend of 10 percent. what will be the balance in the retained earnings account after the dividend? a) $39,180 b) $48,300 c) $59,120 d) $67,520 e) $40,380