SesameSweet Inc

SesameSweet Inc. has 220,000 shares outstanding with a market price of $12 per share. On the balance sheet, common stock is $760,000, and retained earnings are $275,000. There are no
Transactions costs.
Suppose SesameSweet declares a 3-for-1 stock split. If you owned 750 shares before the split, how
Many do you own after the split?

A) 187
B) 250
C) 375
D) 1,500
E) 2,250