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27. STU Corporation is authorized to issue 500,000 shares of $11.00 per value common stock. As of December 2014. STU's stockholders' equity accounts report the

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27. STU Corporation is authorized to issue 500,000 shares of $11.00 per value common stock. As of December 2014. STU's stockholders' equity accounts report the following balances Common Stock, S11 par, 500,000 shares authorized 69,000 shares issued and outstanding Retained Earnings Total Stockholders' Equity At the end of 2014, STU decided to issue a 15% stock dividend, when the market price of the stock was $12 per share. Calculate the number of shares outstanding after the stock dividends are sued O O 79,350 shares 69,000 shares 103,500 shares 10,350 shares MacBook Air W RYU

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