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

On May 1,2026, Ziek Corp. declared and issued a 10% common stock dividend. Prior to this dividend, Ziek had 200,000 shares of $1 par value common stock issued and outstanding. The fair value of Ziek "s common stock was $25 per share on May 1,2026. As a result of this stock dividend, Ziek's total stockholders' equity
a. increased by $500,000.
b. decreased by $500,000.
c. decreased by $25,000.
d. did not change.
On May 1 , 2 0 2 6 , Ziek Corp. declared and

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