Minneapolis, Inc. declared a 3-for-1 forward stock split during the year when there were 48,000 shares of $0.90 par value of common stock outstanding and the stock price was $24 per share. What amount of stock was outstanding immediately after the split? Select one: O a. 48,000 shares of $0.30 par value common stock b. 144,000 shares of $0.30 par value common stock O C. 16,000 shares of $2.70 par value common stock O d. 144,000 shares of $0.90 par value common stock