On January 1, 2021, Marigold Corp., declared a 10% stock dividend on its common stock when their value of the common stock was 528 pershare. Stockholders' equity before the stock dividend was declared consisted of Common stock, $10 par value authorized 200.000 shares Issued and outstanding 122000 shares Additional paid-in capital oncommon stock Retained earnings Total stockholders equity $1220000 149000 731000 32100000 What was the effect on Marigold's retained earnings as a result of the above transaction? 292800 decrease 5170800 decrease 5341600 decrease $585600 decrease