A Corporation Declared and Issued a 15% Stock Dividend on October

A corporation declared and issued a 15% stock dividend on October 1. The following information was available immediately prior to the dividend: $$\begin{array} { | l | r | } \hline \text { Retained earnings } & \$ 750,000 \\\hline \text { Shares issued and outstanding } & 60,000 \\\hline \text { Market value per share } & \$ 15 \\\hline \text { Par value per share } & \$ 5 \\\hline\end{array}$$ The amount that contributed capital will increase (decrease) as a result of recording this stock dividend is:

A) $45,000.
B) $135,000.
C) ($45,000) .
D) ($135,000) .
E) $0.