The stockholders’ equity section of the balance sheet immediately before a recent stock dividend is provided below: Common Stock (CS), $5 par, 100,000 shares issued and outstanding $500,000 Additional Paid-in Capital-Common Stock (APIC) 100,000 Retained Earnings (RE) 725,000 Total Stockholders’ Equity $1,325,000 A 10% stock dividend was declared and paid when the market price per share was $12. Immediately after the stock dividend, the components of the stockholders’ equity section were: Select one: a. CS $550,000; APIC $170,000; RE $725,000 b. CS $620,000; APIC $100,000; RE $605,000 c. CS $550,000; APIC $170,000; RE $605,000 d. CS $620,000; APIC $100,000; RE $725,000
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