Eye CorpOwned 20,000 Shares of Lash Corp

Eye Corp.owned 20,000 shares of Lash Corp., which had been purchased in 2010 for $300,000.On December 15, 2014, Eye declared a property dividend of all of its Lash Corp. shares.The property dividend was distributed on January 15, 2015.On the declaration date, the fair value of Eye's investment in Lash was $400,000.The entry to record the declaration of the dividend would include a debit to Retained Earnings of

A) $ 0.
B) $100,000.
C) $300,000.
D) $400,000.