ULATOR FULL SCREEN PRINTER VERSION BACK NEXT Multiple Choice Question 87 Eggers Inc. has retained earnings of $1600000 and total stockholders' equity of $4000000. It has 400000 shares of $5 par value common stock outstanding, which is currently selling for $30 per share. If Eggers declares a 10% stock dividend on its common stock retained earnings will decrease by $1200000 and total stockholders' equity will increase by $1200000 net Income will decrease by $200000. retained earnings will decrease by $200000 and total stockholders' equity will increase by $200000. retained earnings will decrease by $1200000 and total paid in capital will increase by $1200000