On September 1, 2013, Marker Corporation Declared and Issued a 20

On September 1, 2013, Marker Corporation declared and issued a 20 percent common stock dividend.Prior to this date, Marker had 20,000 shares of $2 par value common stock that were both issued and outstanding.The market value of Marker's stock was $20 per share at the time the dividend was issued.As a result of this stock dividend, Marker's total stockholders' equity

A) decreased by $40,000.
B) decreased by $400,000.
C) increased by $400,000.
D) increased by $40,000.
E) did not change.