On May 1, 2014, BLUE Corp. declared and issued a 10% common stock dividend. Prior to this dividend, BLUE had 200,000 shares of $1 par value common stock issued and outstanding. The fair value of BLUE 's common stock was $20 per share on May 1, 2014. As a result of this stock dividend, BLUE's total stockholders' equity decreased by $20,000. decreased by $400,000. increased by $400,000. did not change.