The stockholders' equity section of Blossom Corporation as of December 31, 2025, was as follows:
Common stock, par value $2; authorized 19600 shares;

issued and outstanding 9800 shares $19600
Paid-in capital in excess of par 28000
Retained earnings 90000
$137600

On March 1, 2026, the board of directors declared a 14% stock dividend, and accordingly 1372 additional shares were issued. On March 1, 2026, the fair value of the stock was $7 per share. For the two months ended February 28, 2026, Blossom sustained a net loss of $15900. What amount should Blossom report as retained earnings as of March 1, 2026?
a. $77012.
b. $64496.
c. $68612.
d. $72896.