Consider a perfectly competitive market in which each firm's short-run total cost function is c = 36 + 12q + q2, where q is the number of units of output produced. the associated marginal cost curve is mc = 12 + 2q. in the short run each firm is willing to supply a positive amount of output at any price above $ nothing. (enter your response as a real number rounded to two decimal places.)

Randall's, inc. has 20,000 shares of stock outstanding with a par value of $1.00 per share. the market value is $12 per share. the balance sheet shows $42,000 in the capital in excess of par account, $20,000 in the common stock account, and $50,500 in the retained earnings account. the firm just announced a 5 percent (small) stock dividend. what will the balance in the retained earnings account be after the dividend?