During fiscal 2019, Stanley Black & Decker Corporation reported Net income of $965.3 million and paid dividends of $330.9 million. Which of the following describes how these transactions would affect Stanley Black and Decker's equity accounts? (in millions)

Increase contributed capital by $965.3 and decrease earned capital by $330.9

Decrease contributed capital by $330.9 and increase earned capital by $965.3

Increase contributed capital by $634.4

Increase earned capital by $634.4