Kaneb Services, Inc

Multiple Choice

Kaneb Services, Inc. has just declared a 3-for-2 stock split. The company's pre-split common stockholders' equity was as follows: If the pre-split price of common stock was $42, what will be the amount of retained earnings after the split?

A) $140,100,000
B) $139,200,000
C) $182,100,000
D) $141,350,000