On January 1, a corporation had 40,000 shares of $3 par value common stock and $5,000,000 of retained earnings. On that date, when the market price of the stock is so per share the corporation issues a 2on stock split. The general Journal entry to record this transaction is 0 O Retained Earnings DOO 0 Retired Earnings o p payable 360,000 0 O Henned Earrings 00 Camionetan ipua Bluebistabile 20.000 0 wao O Monty