On January 1, Sunshine 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 $15/share. As a result of this event, A) All of these. B) Sunshine's Retained Earnings account decreased $3,000,000 after the Stock Dividends account was closed. C) Sunshine's total stockholders' equity was unaffected. D) Sunshine's Paid-in Capital in Excess of Par Value account increased $1,000,000. Question 15 (2 points) A prior period adjustment that corrects Net Income of a prior period requires that an entry be made to A) a current year revenue or expense account. B) an income statement account. C) the Retained Earnings account. D) an asset account