Gordon Corporation reported the following equity section on its current balance sheet. The common stock is currently selling for $11.50 per share.

Common stock, $8 par, 100,000 shares authorized, 40,000 shares issued	$320,000
Paid in capital in excess of par - common	150,000
Retained earnings	330,000
Total stockholders' equity	$800,000

What would be the balance in the Common Stock account after the issuance of a 10% stock dividend? a) $300,000 b) $288,000 c) $352,000 d) 320,000