Kelso's Balance Sheet Shows $15,000 in the Common Stock Account,$315,000

Multiple Choice

Kelso's balance sheet shows $15,000 in the common stock account,$315,000 in the capital in excess of par account,and $189,000 in the retained earnings account.The firm just announced a 3-for-2 stock split.What will be the value of the common stock account after the split if the par value per share is $1?

A) $10,000
B) $12,500
C) $15,000
D) $18,500
E) $22,500