Morgan's Has 9,000 Shares of Stock Outstanding with a Par

Morgan's has 9,000 shares of stock outstanding with a par value of $1.00 per share and a market value of $16 per share. The balance sheet shows $9,000 in the common stock account, $62,000 in
The capital in excess of par account, and $40,500 in the retained earnings account. The firm just
Announced a 100 percent (large) stock dividend. What is the value of the capital in excess of par
Account after the dividend?

A) $50,000
B) $62,000
C) $71,000
D) $90,000
E) $124,000