Pryor Corporation Issued a 2-For-1 Common Stock Split

Multiple Choice

Pryor Corporation issued a 2-for-1 common stock split.The shares had been originally issued at $10 per share.At what amount should retained earnings be capitalized for the Shareholders' Equity 15- 15 additional shares issued?

A) there should be no capitalization of retained earnings
B) $10 per share
C) market value on the declaration date
D) market value on the payment date