Alegria Corporation has 300,000 shares of Common Stock issued and outstanding. The par value of these shares is $100 per share and they are being sold at $125. The Board of Directors declared a 5% stock dividend. This will cause the Retained Earnings account to be debited by: a. $ 15,000 b. $ 1, 500,000 c. $ 1, 875,000 d. $37, 500,000