Raspberry has 63,000 shares of $12.00 par common stock outstanding. Raspberry announces a stock split of 4-for-1. What is the effect of the split? par goes to $48.00; total shares increase to 252,000 par drops to $6.00; total shares stay at 63,000 par drops to $3.00; total shares increase to 252,000 par stays at $12.00; total shares increase to 15,750