Double Vision, Inc. had 10,000 shares issued and outstanding of its $1 par value common stock. At December 31, Common Stock equaled $10,000 , Retained Earnings equaled $20,000 and Total stockholders equity equaled $50,000 prior to a 2-for-1 stock split. As a result of a 2-for-1 stock split:

MC Qu. 142 Double Vision, Inc. had led soooo and Rota sto khok s'es tyegned$50 Double Vision Inc had 0,000 shares issued and outstand g ofts$1pa volue con non stock A1 December 3 Common Stock e uled to o t pror to a 2 for-1 stock spit As a result of a 2 for 1 stock spt ed Ear seg O par vaue equals o O the number of shares ouestanding equals 5,000 O the common stock equals $20000 O Retaned Eamings equals $40,000