Question: On July 15, 2015, Corp declared and issued a 30 percent stock dividend. Prior to this dividend, it had 500 shares of $10 par value

On July 15, 2015, Corp declared and issued a 30 percent stock dividend. Prior to this dividend, it had 500 shares of $10 par value common stock issued and outstanding. The market value of Corps common stock on July 15, 2015, was $65 per share. As a result of this stock dividend, by what amount would Corps total stockholders' equity increase or decrease?

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