n January 1, Edison Corporation had 1,000,000 shares of $10 par value common stock outstanding. On March 31, the company declared a 20% stock dividend. Market value of the stock was $18/share. As a result of this event,

		Edison's Paid-in Capital in Excess of Par account increased $1,600,000.
		Edison's total stockholders' equity was unaffected.
		Edison's Stock Dividends account increased $3,600,000.
		All of these answers are correct.