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$10,000 O $31,000 O $37,000 O $30,000 Question 16 1 pts On May 1, 2020, Tom Corp. declared and issued a 10 % common stock

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$10,000 O $31,000 O $37,000 O $30,000 Question 16 1 pts On May 1, 2020, Tom Corp. declared and issued a 10 % common stock dividend. Prior to this dividend, Tom had 100,000 shares of $1 par value common stock issued and outstanding. The fair value of Tom's common stock was $30 per share on May 1, 2020. As a result of this stock dividend, Tom's total stockholders' equity O decreased by $300,000 o decreased by $10,000 did NOT change increased by $300,000 MacBook Pro

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