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Listen Harriet held 8 , 0 0 0 of the 2 , 2 0 0 , 0 0 0 outstanding shares of TimesChange Corp., a

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Harriet held 8,000 of the 2,200,000 outstanding shares of TimesChange Corp., a public corporation resident in Canada, when it decided to issue a stock dividend and capitalize $1,200,000 of its retained earnings. By how much will Harriet's taxable income increase?
$6,328
$6,022
$5,455
$4,364
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