Pastry Corporation has sold $60,000$ shares of $$2$ par common stock for $$\frac{120}{?}$ share. On December $1.$ the company has decided to declare a $2$ for $1$ stock split. Directly after the split, which of the following statements are true?

The market value of the stock will increase.

The par value of the stock will increase to $$\frac{4}{?}$ share

The par value will decrease.

There are $30,000$ shares outstanding