Magnum Company, which had 50 000 of its ordinary shares originally issued at $3 now has a 2-for- 1 share split. The market price of the share was $30 per share before the split. Which of the following is true as a result of the split? The balance in the ordinary shares account increased to $135 000 O The market price of the share was not affected The contributed capital does not change O There were 25 000 ordinary shares on issue after the split