On January 1,2016 , Proven Technology Corporation's common shares account had a balance of $250,000, representing 25,000 shares issued at $10 per share. On May 15, 2016, 12,000 shares were issued for $150,000 cash. On August 31, 2016, a 10% stock dividend was declared and distributed. How many shares does Proven Technology Corporation have in total after the distribution? 25,000 40,700 12,000 37,000