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On May 1, 2018, Bramble Corp. declared and issued a 10% common stock dividend. Prior to this dividend, Bramble had 212000 shares of $1 par

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On May 1, 2018, Bramble Corp. declared and issued a 10% common stock dividend. Prior to this dividend, Bramble had 212000 shares of $1 par value common stock issued and outstanding. The fair value of Bramble's common stock was $23 per share on May 1, 2018. As a result of this stock dividend, Bramble's total stockholders' equity did not change. increased by $487600. decreased by $487600. decreased by $23000

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