Question: On May 1 , 2 0 2 6 , Martinez Corp. declared and issued a 1 0 % common stock dividend. Prior to this dividend,

On May 1,2026, Martinez Corp. declared and issued a 10% common stock dividend. Prior to this dividend, Martinez had 204000
shares of $1 par value common stock issued and outstanding. The fair value of Martinez's common stock was $25 per share on May 1,
As a result of this stock dividend, Martinez's total stockholders' equity
decreased by $25000.
increased by $510000.
decreased by $510000.
did not change.
On May 1,2026, Martinez Corp. declared and issued a 10% common

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