15. Max Corporation has outstanding 10,000 shares of 10 par value ordinary shares and retained earnings of 500,000. If Max declares a 2-for-1 share split when the fair value of the shares is 85 per share the entry includes: (2 points) A debit to Retained Earnings for 10,000 A credit to Share Premium-Ordinary for 75.000. A debit to cash for 85.000 No entry is required for a share split