On August 1, 2021, Boise Companys balance sheet indicates there are 2,000,000 shares of $12 par value common shares in the Common Stock account and $25,000,000 in the Additional Paid-in Capital account. There are 10,000,000 shares authorized. On August 2, Boise splits its stock 4 for 1. What is the dollar balance of Boises common stock account immediately after the stock split?

Select one:

a. $96,000,000

b. $12,000,000

c. $2,000,000

d. $24,000,000