Stock dividends are an alternative to cash dividends. Which of the following statements are true with respect to stock dividends? Select one a. A firm with 1,500,000 shares currently issued and outstanding declares a 5% stock dividend. The firm would issue an additional 75,000 shares b. If the stock is currently selling at $10 per share and the firm has no current period Net Income, the Retained Earnings account will drop by 5750,000 due to the payment of the stock dividend A shareholder receiving a stock dividend is taxed exactly as if they had received a cash dividend d. All of the above are true e. Only a. and b, above are true