Western Mountain Water Has 11,000 Shares of Stock Outstanding with a Par

Western Mountain Water has 11,000 shares of stock outstanding with a par value of $1 per share.The current market value of the firm is $135,000.The balance sheet shows a capital in excess of par value account balance of $68,000 and retained earnings of $49,000.The company just announced a 2-for-1 stock split.What will the capital in excess of par value account balance be after the split?

A) $45,333
B) $54,667
C) $68,000
D) $86,667
E) $102,000