Arnold, Inc. declares and distributes a 10% common stock dividend when it has 60,000 shares of $10 par value common stock outstanding. If the market value of the common stock 25. the puma entry to record the stock dividend would be O A. credit to Paid - in Capital in Excess of Par-Common $150,000. O B. debit to Retained Earnings $150,000. O c. credit to Paid - in Capital in Excess of Par-Common $6,000 O D. debit to Retained Earnings $6,000