one multiple choice

Rick Co. had 30 million shares of $6 par-per-hare common stock outstanding at January 1, 2018. In October 2018, Rick Co.'s Board of Directors declared and immediately distributed a 10% common stock dividend when the market value of its common stock was $60 per share. In recording this transaction, Rick would: Select one: A. Credit paid-in capital-excess of par for $180 million. B. Credit common stock for $18 million. C. Debit retained earnings for $18 million. D. None of these answer choices are correct