Murphy's, Inc. has 20,000 shares of stock outstanding with a par value of $1.00 per share and a market value of $9.00 a share. The balance sheet shows $65,000 in the capital in excess of par account, $20,000 in the common stock account, and $75,000 in the retained earnings account. The firm just announced a 12 percent stock dividend. What is the value of the capital in excess of par account after the dividend?