Question - On July 15, 2015, Renoir Corporation declared and issued a 15 percent stock dividend. Prior to this dividend, Renoir had 50,000 shares of $10 par value common stock issued and outstanding. The market value of Renoir's common stock on July 15, 2015, was $21 per share. As a result of this stock dividend, by what amount would Renoir's total stockholders' equity increase or decrease.