1. An overall decrease in Stockholders' Equity always takes place when a firm declares: a. A "small" stock dividend. b. A "large stock dividend. c. A cash dividend. d. Sells a long-lived asset e. All of the above. Brotean Company has completed the second year of a four year contract to rebuild a stretch of highway. Costs incurred to date are $4,000,000, and it is estimated that $6,000,000 in costs are required to complete the job. The total revenue that will be received from the contract is $13,000,000, and the profit on the contract that was recognized in the first year was $500,000. The amount of profit that should be recognized in the second year of the contract by Brotean is: a. $ 500,000. b. $ 700,000. c. $1,200,000. d. $1,500,000. e. None of the above