On October 1, 2021, Chief Corporation declared and issued a 6% stock dividend. Before this date, Chlef had 77,000 shares of $5 par common stock outstanding. The market price of Chief Corporation on the date of declaration was $10 per share. As a result of this dividend, Chief's retained earnings will: Multiple Choice Decrease by $46,200 Not change Decrease by $46700 Increase by $46,200