A corporation reported the following during the current year:

Net income $$175,250.$

Sale of $10,000$ shares of $$5$ par value common stock for $$8\mathrm{.}75$ per share.

A repurchase of shares as treasury stock, costing $$24,750.$

A resale of treasury stock for $$14,695$; the shares cost $$15,500$ when repurchased.

A declaration and distribution of a $$39,000$ cash dividend.

A declaration and distribution of a $$small$$ stock dividend of $5,000$ shares of $$5$ par value common stock at a total market value of $$50,000.$

What was the increase in shareholders' equity?

Multiple Choice

$$213,695$

$$188,695$

$$198,195$

$$173,195$