Prior to November 1, 2022, Monkey Juice had 60,000 shes of $1 par common stock outstanding....

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Prior to November 1, 2022, Monkey Juice had 60,000 shes of $1 par common stock outstanding. On November 1, 2022, Monkey Juice declared a 10% stock dividend. The shares are to be distributed on November 10, 2022. The market value of Monkey Juice on the date of declaration was $15 per share while the market price on the date of distribution was $12. As a result of this dividend, Monkey Juice's Paid-in-Capital - Excess of Par will: Increase by $12,000 Increase by $84.000 O Increase by $66,000 Increase by $6,000 Prior to November 1, 2022, Monkey Juice had 60,000 shes of $1 par common stock outstanding. On November 1, 2022, Monkey Juice declared a 10% stock dividend. The shares are to be distributed on November 10, 2022. The market value of Monkey Juice on the date of declaration was $15 per share while the market price on the date of distribution was $12. As a result of this dividend, Monkey Juice's Paid-in-Capital - Excess of Par will: Increase by $12,000 Increase by $84.000 O Increase by $66,000 Increase by $6,000