17. Rick Co. had 30 million shares of $1 par common stock outstanding at January 1, 2009. In October, 2009, Rick Co.'s Board of Directors declared and distributed a 1% common stock dividend when the market value of its common stock was $60 per share. In recording this transaction, Rick would: A. Debit retained earnings for $18 million B. Credit paid-in capital excess of par for $18 million C. Credit common stock for $18 million D. None of these is correct