Douglas McDonald Company's balance sheet included the following shareholders' equity accounts at December 31, 2017: ($ in millions) Pald-in capital: Common stock, 1.300 million shares at $1 par Paid-in capital-excess of par Retained earnings Total shareholders' equity $1,300 16,600 15.488 $33.388 On March 16, 2018, a 4% common stock dividend was declared and distributed. The market value of the common stock was $29 per share. Fractional share rights represented 4 million equivalent whole shares. Cash was paid in lieu of the fractional share rights. The above common stock dividend declared and distributed on March 16, 2018 results in a net increase (decrease) in the Company's total shareholders' equity of $1,392 million increase. 5116 million decrease. $1.508 million decrease