Ady, Inc., is authorized to issue 1,000,000 shares of common stock and has 250,000 shares of $1 stated value common stock issued and outstanding. The stock has a market value of $32 per share on October 14 when the board of directors is considering a 10 percent stock dividend to holders of record on October 20. If the board declares the dividend, the new shares will be issued on November 1. Explain the impact of the proposed stock dividend on Ady’s authorized, issued, and outstanding common stock.