Previous Page Next Page Page 36 of 47 Question 36 (2.5 points) Gadgetronics declared and distributed a 10% stock dividend. How did these events affect each of the following amounts (after the accounts are closed at period-end)? No effect on Retained Earnings or total Stockholders' Equity No effect on Retained Earnings and a decrease in total Stockholders' Equity A decrease in Retained Earnings and total Stockholders' Equity A decrease in Retained Earnings and an increase in total Stockholders' Equity A decrease in Retained Earnings and no effect on total Stockholders' Equity Previous Page Next Page Page 36 of 47