A corporation declared and issued a 25% stock dividend on November 1. The following information was available immediately prior to the dividend: Retained earnings $770,000 Shares issued and outstanding 62,000 Market value per share $17 Par value per share $5 The amount that contributed capital will increase (decrease) as a result of recording this stock dividend is: A)$77,500. B)$(77,500). C)$(263,500). D)$263,500. E)$0