Laura Inc. is a publicly-traded company with 800,000 authorized common shares. The company has 100,000 common shares issued. On September 15, 2019, when the fair value of the shares was $4, the company declared and issued a 2-for-1 stock split. What is the journal entry that should be made by the company on September 15, 2019? 1) No journal entry is necessary. 2) Dr. Stock Split $800,000; Cr. Common Shares $800,000 3) Dr. Cash $3,200,000; Cr. Common Shares $3,200,000 4) Dr. Cash $400,000; Cr. Common Shares $400,000