Silveroaks Corporation has 500,000 shares outstanding of $1 per share par value common stock that was issued for $5 per share, but currently trades on a stock market for $10 per share. The board of directors opts to issue a 10% stock dividend. What will be the reported reduction in retained earnings as a result of this action? Select a Choice Below current question choices OptionA $500,000 OptionB $50,000 OptionC $250,000 OptionD $750,000