Francis Forensic Inc

Francis Forensic Inc.has 500,000 shares outstanding.The shares were issued for $10.The stock is currently selling for $40.Francis Forensic has $6,000,000 in retained earnings and has declared a stock dividend that will increase the number of outstanding shares by 10%.What will be the common stock account after the stock dividend?

A) $2,000,000
B) $7,000,000
C) $1,000,000
D) $5,500,000