Superior Corporation declared a $3-$for$-2$ common stock split, but this transaction was erroneously recorded as a $50\%$ common stock dividend. As a result:

Select one:

a$.$

Retained earnings is understated.

b$.$

The common stock account is understated.

c$.$

The total dollar amount of stockholders' equity is overstated.

d$.$

The corporate records do not show the correct number of shares of common stock outstanding.