A corporation declared and issued a 20% stock dividend on October 1. The following information was available immediately prior to the dividend: Retained earnings Shares issued and outstanding Market value per share Par value per share $ 740,000 59,000 $ 16 $ 5 The amount that contributed capital will increase (decrease) as a result of recording this stock dividend is: Multiple Choice $59,000. $(188,800). a $(59,000)