Superstar Corporation Reported the Following Equity Section on Its Current

Superstar Corporation reported the following equity section on its current balance sheet. The common stock is currently selling for $12.00 per share. $$\begin{array} { | l | r | } \hline \begin{array} { l } \text { Common Stock, } \$ 10 \text { Par, } 103,000 \text { shares authorized, } 58,000 \text { shares issued } \\\text { and outstanding }\end{array} & \$ 580,000 \\\hline \text { Paid-in Capital in Excess of Par-Common } & 125,000 \\\hline \text { Retained Earnings } & \underline { 302,000 } \\\hline \text { Total Stockholders' Equity } & \$ 1,007,000 \\\hline\end{array}$$ What would be the total stockholders' equity after a 15% common stock dividend?

A) $1,073,700
B) $705,000
C) $1,007,000
D) $604,200