Question: On May 1, 2018, Bramble Corp. declared and issued a 10% common stock dividend. Prior to his dividend, Bramble had 212000 shares of $1 par

On May 1, 2018, Bramble Corp. declared and issued a 10% common stock dividend. Prior to his dividend, Bramble had 212000 shares of $1 par value common stock issued and outstanding. The fair value of Bramble's common stock was $23 per share on May 1, 2018. As a result of this stock dividend, Bramble's total stockholders' equity O did not change. O decreased by $487600. decreased by $23000. O increased by $487600

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