Gordon Corporation reported the following equity section on its current balance sheet. The common stock is currently selling for $11.50 per share. Common stock, $5 par, 100,000 shares authorized, 40,000 shares issued $200,000 Paid in capital in excess of par -common 120,000 Retained earnings 290,000 Total stockholders' equity $610,000 Which of the following would be included in the entry to record a 10% stock dividend?

a. paid in capital in excess of par common is credited for $46,000

b. stock dividends (retained earnings would be debited for $46,000

c. common stock would be debited for $20,000

d. common stock would be credited for $46,000