Use for next two questions: Your Corporation was established on May 15, 2010. It is authorized to issue 500,000 shares of$2 par value common stock. At the end of 2015, the company decides to issue a 30% stock dividend. At the time of issue, the market price of the stock was $15 per share. Prior to the dividend, the stoekholders' equity accounts report the following balances: Common stock, S2 par, 500,000 shares authorized, 45,000 shares issues and outstanding Paid in capital in excess of par Retained eamings Total Stockholders' equity 590,000 546,000 775,000 $1,411,000 2. What it the dollar of the stock dividend? A. $27,000 B. $205,500 C.$90,000 D.S117,00000 E. $13,500 3. How many shares are outstanding after the stock dividend is issued? A. 45,000 B. 31,500C. 8,500 D. 00,000 E. 13,500