Question: On May 1, 2021, Marigold Corp. declared and issued a 10% common stock dividend. Prior to this dividend, Marigold had 192000 shares of $1 par

On May 1, 2021, Marigold Corp. declared and issued a 10% common stock dividend. Prior to this dividend, Marigold had 192000 shares of $1 par value common stock issued and outstanding. The fair value of Marigold's common stock was $23 per share on May 1, 2021. As a result of this stock dividend, Marigold's total stockholders' equity

increased by $441600.

decreased by $441600.

did not change.

decreased by $23000.

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