The board of directors of Done Company declared a cash dividend of $1.75 per share on 44.000 shares of common stock on July 15, 2021. The dividend is to be paid on August 15, 2021. to stockholders of record on July 31, 2021. The effects of the August 15, 2021. journal entry are to decrease abilities and decrease assets. decrease stockholders' equity and decrease abilities increase stockholders' equity and decrease assets. increase stockholders' equity and increase liabilities. On January 1, McCarver Corporation had 1,500,000 common shares authorized, 850,000 shares issued, 700,000 shares outstanding, and 150,000 shares of treasury. The common stock had a $15 par value. On March 31, the company declared and "paid" a 10% stock dividend when the stock was selling for $17 per share. How many shares of stock were issued as a result of the stock dividend? 85,000 70,000 15,000 150,000