The stockholders' equity section of Dasher Company showed the following: Common Stock--$10 par value, 60,000 shares issued and outstanding $600,000 Contributed Capital in excess of par value, common stock 1,800,000 Retained Earnings 1,600,000 Dasher declared a 10% stock dividend on a day when the market value of the stock was $30 per share. The stock dividend will:

A. Increase Common Stock by $180,000

B. Decrease Retained Earnings by $120,000

C. Increase Paid-in capital in excess of par value, Common Stock by $180,000

D. Increase Paid-in capital in excess of par value, Common Stock by $120,000