The following data are extracted from the stockholders' equity section of the balance sheet of Guthrie Corporation: 12/31/19 12/31/20 Common stock ($1 par value) $50,000 $51,000 Paid-In capital in excess of par 25,000 29,000 Retained earnings 50,000 52,300 During 2020, the corporation declared and paid cash dividends of $7,500 and also declared and issued a 2% stock dividend amounting to $5,000. Net income for 2020 was QUIZLET