Pettygrove Company had 1,300,000 shares of $10 par value common stock outstanding. The amount of additional paid-in capital is $6,500,000, and Retained Earnings is $1,950,000. The company issues a 2-for-1 stock split. The market price of the stock is $11. What is the balance in the Common Stock account after this issuance? Multiple Choice $19,500,000 $26,000,000 $27,300,000 $13,000,000