Question 39 (1 point) Tower Company announces a 2:1 stock split. Prior to the stock split, Tower had 500,000 shares of common stock outstanding and the par value was $0.10 per share. After the stock split, Tower would have: 250,000 outstanding shares with a par value of $0.20 per share 1,000,000 outstanding shares with a par value of $0.20 per share 1,000,000 outstanding shares with a par value of $0.05 per share 1,000,000 outstanding shares with a par value of $0.10 per share