On September 1, 2016, Caroline Companys balance sheet indicates there are 1,200,000 shares of $60 par value common shares in the Common Stock account and $9,000,000 in the Additional Paid-in Capital account. There are 2,000,000 shares authorized. On September 2, Caroline splits its stock 2 for 1. How Caroline shares of common stock are issued and outstanding immediately after the stock split?

Select one:

A. 2,400,000

B. 2,800,000

C. 600,000

D. 8,000,000