Flash Ltd. provided the following information: 5,000 common shares issued and outstanding $30 issue price per common share $150,000 total common share contributed capital $400,000 retained earnings to date $550,000 total shareholders' equity to date The board of directors declared a 2.5-for-1 stock split on its common shares outstanding. Which statement correctly describes the impact of this declaration? a) The issue price per comon share will increase to $75. b) Total shareholder's equity will decrease to $220,000. c) The number of shares outstanding will change to 2,000. d) The retained earnings will decrease to $160,000. e) The number of shares outstanding will change to 12,500