$8.$ The stockholders' equity section of the balance sheet for Scuba Gear Corporation appeared as follows before its recent

stock dividend:

Common stock, $$5$ par, $100,000$ shares issued and outstanding $ $500,000$

Additional paid$-$in capital $100,000$

Retained earnings $725,000$

Total stockholders' equity $$1,325,000$

Scuba Gear declared a $10\%$ stock dividend when the market price per share was $$8.$ After the stock dividend was

distributed, the components of the stockholders' equity section were:

Common Stock Add'l. Paid$-$in Capital Retained Earnings

a$.$ $$580,000$ $$100,000$ $$645,000$

b$.$ $$550,000$ $$100,000$ $$675,000$

c$.$ $$550,000$ $$130,000$ $$645,000$

d$.$ There would be no change in the components of stockholders$$ equity.