On May 1, 2021, Concord Corporation declared and issued a 10% common stock dividend. Prior to this dividend, Concord had 193000 shares of $1 par value common stock issued and outstanding. The fair value of Concord's common stock was $23 per share on May 1, 2021. As a result of this stock dividend, Concord's total stockholders' equity

did not change.

increased by $443900.

decreased by $443900.

decreased by $23000.