TB MC Qu. 8-79 (Algo) At the tlme that Klrby Company Issued a... At the time that Kirby Company issued a 5 -for-2 stock split, the company had 1,600 shares of $10 par value common stock outstanding. Stockholders' equity also contained $23.000 of additional paid-in capital and $45,000 of retained earnings. Immediately after the stock split the: Multiple Choice balance in the common stock account would amount to $16,000. amount of pald-in capital in excess of par-common would be equal to $57,500. balance in the retained eamings account would amount to $9,000. number of outstanding shares of common stock would be 80,000