Hernandez Company has 560,000 common shares outstanding with a par value of $ 10. On January 2, 2019, Hernandez declared and distributed a 10% stock dividend when the market price of the stock was $ 30. Four months later, Hernandes declared a cash dividend of $ 0.50 per share. As a result of the declaration of both dividends, retained earnings decreased by a. 1,708,000 b.1,988,000 c.868,000 d.308,000