CBA Inc. has 250,000 shares outstanding with a $5 par value. The shares were issued for $14. The stock is currently selling for $34. CBA has $5,000,000 in retained earnings and has declared a stock dividend that will increase the number of outstanding shares by 6%. What will the capital in excess of par account after the stock dividend?
A)$7,685,000
B)$2,685,000
C)$810,000
D)$2,385,000