Irwin, Inc. had 200,000 ordinary shares outstanding before a share split occurred, and 400,000 shares outstanding after the share split. The share split was

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A 2-for-1 share split means that for every one share held, two new shares are issued, effectively doubling the number of shares outstanding. Therefore, in this case, 200,000 shares were split into 400,000, which is consistent with a 2-for-1 share split.