h$.$ Which of the following is true when a $10\%$ stock dividend is declared and distributed?

Retained earnings is increased.

Stockholders' equity is increased.

Stockholders' equity is decreased.

Authorized shares are increased.

The overall effect is to leave stockholders' equity in total and each owner's share of stockholders' equity unchanged; however, the total number of shares increases.

P $4-17$

Required Answer the following multiple$-$choice questions:

a$.$ The following relate to Owens data in $2012.$ What is the ending inventory?

$\backslash$table$[[$Purchases$,$$$580,000$