On June 30, 2013, Stephans Company showed the following data on the equity section of their balance sheet: 
On July 1, 2013, Stephans distributed a 5% stock dividend. The market value of the stock at that time was $13 per share. Following this transaction, what would be the new balance in the Common stock account?
Definitions:
New Capital
Funds obtained by a company to finance its operations, expansion, or other projects, which can come from debt or equity sources.
Historical Cost
The original monetary value of an asset or transaction, based on the amount paid or the value at the time it was acquired.
Financial Capital Maintenance
A concept in accounting where profit is measured as the increase in financial or monetary capital, ignoring changes in the purchasing power of money.
Net Assets
The total assets of a company minus its total liabilities.
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