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A company had 2.000.000 shares of $10 par value common stock outstanding. The amount of additional paid-in capital is $10,000,000, and Retained Earnings is $3,000,000.

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A company had 2.000.000 shares of $10 par value common stock outstanding. The amount of additional paid-in capital is $10,000,000, and Retained Earnings is $3,000,000. The company issues o 2-for-1 stock split. The market price of the stock is $14. What is the balance in the Common Stock account after this issuance? O $30.000.000 O $48,000.000 O $40000000 O $20,000,000

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