Use the following information for the next three questions

ABC Corp has 100,000 shares of $10 par common stock outstanding. The current market price of the stock is $50 per share,

If ABC declares and distributes a 20% stock dividend, additional paid in capital will increase by:

(1) $0 (2) $200,000 (3) $800,000 (4) $1,000,000

If ABC declares a 50% stock dividend, additional paid in capital will increase by:

(1) $0 (2) $500,000 (3) $2,000,000 (4) $2,500,000

If ABC declares and distributes a 15% stock dividend, total paid in capital will increase by:

(1) $600,000 (2) $750,000 (3) $800,000 (4) $900,000