Pluto's Has 14,000 Shares of Stock Outstanding with a Par

Pluto's has 14,000 shares of stock outstanding with a par value of $1 per share.The market value is $39.60 per share.The balance sheet shows $522,500 in the capital in excess of par account,$14,000 in the common stock account,and $429,700 in the retained earnings account.The firm just announced a 10 percent (small) stock dividend.What will be the balance in the retained earnings account after the dividend?

A) $429,700
B) $374,260
C) $428,300
D) $375,660
E) $372,8600