Question: Element Corporation reported the following equity section on its current balance sheet. The common stock is currently selling for $18.25 per share. Common Stock. 65.00

 Element Corporation reported the following equity section on its current balance

Element Corporation reported the following equity section on its current balance sheet. The common stock is currently selling for $18.25 per share. Common Stock. 65.00 par. 326,000 shares authorized, 153,000 shares issued and outstanding $765,000 Pald - In Capital in Excess of Par-Common 120,000 Retained Earnings 306,000 Total Stockholders' Equity $1,191,000 After a 2-for-1 stock split, what is the number of issued shares? A 120,000 B. 306,000 OC. 240,000 D. 273.000

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