Stock Dividends and Stock Splits Have the Following Effects on Retained

Stock dividends and stock splits have the following effects on retained earnings: $\begin{array} {c c } & \text { Stock Splits } & \text { Stock Dividends } \\\end{array}$
A) $\begin{array} {c c } & \text { Increase } && \text { No change } \\\end{array}$
B) $\begin{array} {c c } &\text { No change } & \text { Decrease } \\\end{array}$
C) $\begin{array} {c c } &\text { Decrease } && \text { Decrease } \\\end{array}$
D) $\begin{array} {c c } & \text { No change } & \text { No change }\end{array}$