A firm declares a 5-1 stock split. Before the stock split: Common stock (100,000 shares, $1 par) 100,000 Capital in Excess of Par 500,000 Retained Earnings $2,000,000 Total Equity $2,600,000 Calculate Retained Earnings after the stock split. Group of answer choices $1,600,000 $2,400,000 $1,500,000 $2,000,000