Following Is the Shareholders' Equity Section of the Balance Sheet

Multiple Choice

Following is the shareholders' equity section of the balance sheet of the Everslim Corporation: Share capital:
Common shares,100,000 shares authorized,
The common shares are currently selling for $15.50 per share.
The number of common shares authorized and issued after the distribution of a 15% common stock dividend is:

A) 115,000 and 74,750
B) 115,000 and 65,000
C) 100,000 and 74,750
D) 100,000 and 65,000