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A corporation declared and issued a 15 % stock dividend on october 15.The following up-to date information was available immediately prior to the dividend: retained

A corporation declared and issued a 15 % stock dividend on october 15.The following up-to date information was available immediately prior to the dividend:

retained earnings:750,000

Shares issued and outstanding 60,000

Market value per share: 15

Par value per share : 5

the amount that total stockholder's equity will increase (decrease) as a result of recording this stock dividend is:

a) $(90.000)

b) $135.000

c) $45.000

d) $0

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