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Just before Arugone Funeral Homes Inc. issued a 10% share dividend on December 1, the following data were collected: Retained earnings Shares outstanding Market value

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Just before Arugone Funeral Homes Inc. issued a 10% share dividend on December 1, the following data were collected: Retained earnings Shares outstanding Market value per share Par value per share Sharos issued $650,000 10,000 $10 $4 11,000 The amount that total equity will increase (decrease) as a result of recording the share dividend is Select one: A. $(27,000) B. S-O- C. $7,500 D. $(9,000) E. $22,500

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