Pluto's Has 15,300 Shares of Stock Outstanding with a Par

Pluto's has 15,300 shares of stock outstanding with a par value of $1 per share and a market value of $22.10 per share.The balance sheet shows $324,800 in the capital in excess of par account,$15,300 in the common stock account,and $174,700 in the retained earnings account.The firm just announced a small stock dividend of 12 percent.What will be the balance in the retained earnings account after the dividend?

A) $129,700.00
B) $134,124.40
C) $128,309.18
D) $132,360.00
E) $128,509.90