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The stockholders' equity section of Ivanhoe Corporation as of December31,2025, was as follows: Common stock,...

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Accounting

The stockholders' equity section of Ivanhoe Corporation as of December31,2025, was as follows: Common stock, par value $2; authorized 20700 shares;
issued and outstanding 10350 shares $20700
Paid in capital in excess of par 25000
retained earnings 90000
$135700
On march 1,2026, the board of directors declared a 14% stock dividend, and accordingly 1449 additional shares were issued. On march 1,2026, the fair value of the stock was $5 per share. For the two months ended February 28,2026, Ivanhoe sustained a netloss of $15000.
What amount should Ivanhoe report as retained earnings as of march 1,2026?
A 67755
B 75000
C 72055
D 79300

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