21. A corporation reported the following equity section on its current balance sheet. The common stock is currently selling for $12.00 per share.

Common stock, $5 par, 100,000 shares authorized, 50,000 shares issued	$250,000
Paid in capital in excess of parcommon	150,000
Retained earnings	300,000
Total stockholders' equity	$700,000

Which of the following would be included in the entry to record a 10% stock dividend?

A) Common stock would be credited for $25,000.

B) Common stock would be debited for $25,000.

C) Paid-in capital in excess of parcommon is debited for $35,000.

D) Retained earnings would be credited for $60,000.