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The stockholders' equity section of Vaughn Manufacturing as of December 31, 2020, was as follows:...

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Accounting

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The stockholders' equity section of Vaughn Manufacturing as of December 31, 2020, was as follows: Common stock par value $2: authorized 19600 shares isted and outstanding 9800 shares Paid-in capital in excess of par 519600 28000 90000 Retained earnings $137600 On March 1, 2021, the board of directors declareda 14% stock dividend, and accordindy 1372 additional shares were issued on March 12021. the fair value of the stock was $7 per share. For the two months ended February 28, 2021. Vauche sustained a net loss of $15900 What amount should Vaughn report as retained earnings as of March 12021? S4496 $68612 572896 577012

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