The Tanning Bed Has 10,000 Shares of Stock Outstanding with a Par

The Tanning Bed has 10,000 shares of stock outstanding with a par value of $1 per share and a market value of $8 per share.The balance sheet shows $10,000 in the common stock account,$60,000 in the capital in excess of par account,and $94,300 in the retained earnings account.The firm just announced a 100 percent stock dividend.What will be the value of the common stock account after the dividend?

A) $5,000
B) $10,000
C) $11,000
D) $15,000
E) $20,000