On January 1, 2021, Vaughn Manufacturing had 127000 shares of its $5 par value common stock outstanding. On June 1, the corporation acquired 11100 shares of stock to be held in the treasury. On December 1, when the market price of the stock was $13. the corporation declared a 14% stock dividend to be issued to stockholders of record on December 16, 2021. What was the impact of the 14% stock dividend on the balance of the retained earnings account? O $88900 decrease O No effect O $210938 decrease O $231140 decrease