On January 1, 2013, Parquet Sales Issued 40,000 Shares of Common

On January 1, 2013, Parquet Sales issued 40,000 shares of common stock at a price of $22 per share. The stock has a par value of $1.00 per share. In mid-2014, due to dramatic increases in profits, the stock reached a market value of $90 per share. The board of directors approved a 2-for-1 stock split. After the stock split, what will the balance sheet show as the number of shares issued?

A) 40,000
B) 80,000
C) 60,000
D) 44,000