Richmond Corporation has issued an outstanding common stock of 50,000 shares, $5 par value. On July 1, the company pays a 2-for-1 stock split. What are the legal capital and the par value of the stock immediately after the split?

	Legal capital, $250,000; par value, $5.
	Legal capital, $250,000; par value, $2.50.
	Legal capital, $125,000; par value, $5.
	Legal capital, $500,000; par value, $2.50. Please show work!