Your firm is planning to issue a 15% stock dividend. The market price for the stock has been $28. The table below presents the equity portion of your firm's balance sheet prior to the distribution. Common stock Par value (1 million shares outstanding; $4 par value)= $4,000,000 Paid-in capital = $16,000,000 Retained earnings = $30,000,000 Total equity = $50,000,000 The 15% stock dividend increases the number of shares outstanding by: O 2 million. 1,150,000. 150,000. 1 million.