The board of directors of Majan Company recently announced a 15% stock dividend. Assuming that the current stock price is OMR 10 and there are 150,000 total ordinary shares outstanding of OMR 1 each. You are required to determine from the following the increase in shares outstanding due to a 15% stock dividend. O A. 15,000 shares B. 12,500 shares C. 22,500 shares OD. None of the other options