Flatfish Limited reported the following items in shareholders' equity on December 31, 2020: Share capital: Preferred shares, $5 cumulative dividend, 150,000 shares issued Share capital: Common shares, 750,000 issued and outstanding $15,000,000 30,000,000 25,000,000 Retained earnings Early in 2021, when its common shares were selling at $59 per share, the company declared and distributed a 10% stock dividend. Describe the impact that this declaration will have on the shareholders' equity accounts. (Hint: It may be helpful to prepare the journal entry and closing entry related to this transaction.) Explain why a company would choose to issue a stock dividend rather than a cash dividend