Kaneb Services, Inc If the Pre-Split Price of Common Stock Was $42, What

Kaneb Services, Inc. has just declared a 3-for-2 stock split. The company's pre-split common stockholders' equity was as follows: $\begin{array}{lc}\text { Common stoclo( } \$ 1.25 \text { par, } 2,000,000 \text { shares) } & \$ 2,500,000 \\\text { Paid in excess } & 17,500,000 \\\text { Retained earnings } & 182,100,000 \\\text { Total common stockholders' equity } & \$ 202,100,000\end{array}$ If the pre-split price of common stock was $42, what will be the amount of retained earnings after the split?

A) $140,100,000
B) $139,200,000
C) $182,100,000
D) $141,350,000