Butler Corporation declared and issued a 10% stock dividend on December 1.Prior to the declaration,Butler's retained earnings were $800,000,shares outstanding were 50,000,$5 par value,common stock with a current market value of $10 per share.Total stockholders' equity will increase (decrease) as a result of recording this stock dividend by:
A) $0.
B) $140,000.
C) $(25,000) .
D) $(50,000) .
Correct Answer:
Verified
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