How will a company's retained earnings and total stockholders' equity be affected by the declaration of a stock dividend to be distributed at a later date?

	Retained Earnings	Total Stockholders' Equity
I.	decrease	decrease
II.	decrease	no effect
III.	no effect	no effect
IV.	no effect	decrease

?

	a.	I
	b.	II
	c.	III
	d.	IV