Sheldon, Inc

Sheldon, Inc. declared a stock dividend of 100,000 shares on a date when the company's common stock was selling for $19 per share. Prior to this date, Sheldon had 100,000 outstanding shares of $1 par value common stock. As a result of this stock dividend, Sheldon's common stock will ________, the additional paid-in capital will ________, and the retained earnings will ________.

A) decrease $100,000; decrease $850,000; increase $950,000
B) increase $100,000; not change; decrease $100,000
C) increase $100,000; increase $850,000; decrease $950,000
D) decrease $850,000; decrease $850,000; not change