Bottlecap Manufacturing had $60,000 of its $3 par common stock issued before its recent 3-for-1 stock split. The market price of the stock was $30 per share before the split. Which of the following is true as a result of the split? There were 20,000 shares of common stock issued after the split. The balance in the common stock account increased to $180,000. The market price of the stock was not affected. The par value of the stock decreased to $1 per share