On October $31,2021,$ Concord Corp. declared and issued a $12\%$ common stock dividend. Prior to this dividend, Concord had $344000$ shares of $$0\mathrm{.}001$ par value common stock issued and outstanding. The fair value of Concord's common stock was $$17\mathrm{.}50$ per share on October $31,2021.$ As a result of this stock dividend, the company's total stockholders' equity

increased by $$344000.$

did not change.

decreased by $$6019656.$

decreased by $$6020000.$