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 a. $580,000 Add'l. Paid-in Capital $100,000 Retained Earnings $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