At the Time That Kirby Company Issued a 2-For-1 Stock

Multiple Choice

At the time that Kirby Company issued a 2-for-1 stock split,the company had 5,000 shares of $6 par value common stock outstanding.Stockholders' equity also contained $15,000 of additional paid in capital and $22,000 of retained earnings.Immediately after the stock split,

A) the balance in the common stock account would amount to $30,000.
B) the amount of paid-in capital would be equal to $150,000.
C) the balance in the retained earnings account would amount to $11,000.
D) the number of outstanding shares of common stock would be 2,500.