Samuel Corporation Declared and Distributed a 10 Percent Stock Dividend

Samuel Corporation declared and distributed a 10 percent stock dividend on its $3 par common stock in November. At the time of the declaration of the stock dividend there were 10,000 shares of common authorized and 8,000 issued and outstanding. The market value on the date of declaration was $14 per share. The amount credited to Paid-in-Capital in Excess of Par Value
-Common Stock is:

A) $8,800.
B) $2,400.
C) $11,200.
D) $11,000.