XYZ issued 500,000 shares of common stock in the current year. XYZ declared a 40% stock dividend. On the date dividends were declared, the market value was $35 p/s, Par value was %10 p/s, and average issue price was $20 p/s. By what amount will xyz decrease total stockholders equity for the dividend?

A. 7,000,000

B. 5,000,000

C. 2,000,000

D. 4,000,000

E. 0