Lawrenceville Co. reported the following: Common stock, $3 par, 10,000 shares authorized, 5,000 shares issued and outstanding What is the effect of a 10% stock dividend if the market price of the common stock is $30 per share when the dividend is declared? a. Additional Paid-In Capital decreases $30,000. b. Cash decreases $30,000. c. Retained earnings in the amount of $15,000 is transferred to the contributed capital accounts. d. A stock dividend has no effect on any stockholders' equity accounts.