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On May 1 , 2 0 2 6 , Swifty Corp. declared and issued a 1 0 % common stock dividend. Prior to this dividend,

On May 1,2026, Swifty Corp. declared and issued a 10% common stock dividend. Prior to this dividend, Swifty had 191000 shares of $1 par value common stock issued and outstanding. The fair value of Swifty's common stock was $24 per share on May 1,2026. As a result of this stock dividend, Swifty's total stockholders' equity
decreased by $458400.
decreased by $24000.
did not change.
increased by $458400.
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