On August 31,2010 Victory Corporation's Common Stock Is Priced at $30

On August 31,2010 Victory Corporation's common stock is priced at $30 per share before any stock dividend or split,and the stockholders' equity section of its balance sheet appears as follows.Assume that the company declares and immediately distributes a 35% stock dividend.
Common stock- $\$ 7$ par value, 95,000 shares authorized, 38,000 shares
$\begin{array}{lr}\text { issued and outstanding } & \$ 266,000 \\\text { Paid-in capital in excess of par value, common stock } & 100,000 \\ \text { Retained earnings } & 366,000 \\ \text { Total stockholders' equity } & \$ 732,000 \\\end{array}$


What is the total amount in the Paid in Capital account immediately after the stock dividend?

A) $193,100
B) $195,000
C) $366,000
D) $100,000
E) $231,000