Dark CorpBegan Operations on March 1,2017

Multiple Choice

Dark Corp.began operations on March 1,2017.The corporate charter authorized issuance of 3,000 shares of $2 par value common stock.Dark sold all of the stock on March 1.On May 1,Dark repurchased 2,000 of the outstanding shares.On May 14,Dark sold 1,200 of the treasury shares.On June 1,Dark declared a 2-for-1 stock split.As a result of the split,what occurred?

A) Assets declined.
B) Stockholders' equity increased.
C) Stockholders' equity decreased.
D) Total stockholders' equity stayed the same.