On 1 January 2013, Parquet Sales Issued 40 000 Ordinary

On 1 January 2013, Parquet Sales issued 40 000 ordinary shares at $1.00 per share. In mid- 2014, the board of directors approved a 2- for- 1 share split. After the share split, what will the balance sheet show as the new value of ordinary shares?

A) $0.50
B) $1.00
C) $1.50
D) $2.00