On September 1,2014,Clownfish Corporation Declared and Issued a 15 Percent

On September 1,2014,Clownfish Corporation declared and issued a 15 percent common stock dividend.Prior to this date,Clownfish had 25,000 shares of $2 par value common stock that were both issued and outstanding.The market value of Clownfish' stock was $20 per share at the time the dividend was issued.As a result of this stock dividend,Clownfish' total stockholders' equity

A) decreased by $37,5000.
B) decreased by $375,000.
C) increased by $375,000.
D) did not change.