Rick Co. had 22 million shares of $3 par common stock outstanding at January 1, 2021. In October 2021, Rick Co.'s Board of Directors declared and distributed a 3% common stock dividend when the market value of its common stock was $57 per share. In recording this transaction, Rick would: Multiple Choice Credit common stock for $37.62 million Debit retained eamings for $3762 million None of these answer choices are conect Credit peid-in capital-excess of par for $3762 million