4 Jordan Inc. had 20,000 shares of $2 par common stock outstanding when it decided to split its common stock 2-for-1. The shares were trading for $60 per share. How will total stockholders' equity change as a result of this stock split? ANSWER O O DO O O O Total stockholders' equity will decrease by the market value of the new shares, $600,000 Total stockholders' equity is unchanged by a stock split Total stockholders' equity will increase by the par value of the new shares, $20,000 Total stockholders' equity will increase by the market value of the new shares, $600,000 Total stockholders' equity will decrease by the par value of the new shares, $20,000 I DON'T KNOW YET