A cоrpоrаtiоn hаs 40,000 shаres of $10 par value common stock outstanding. The Common Stock account has a balance of $400,000, and total stockholders’ equity is $1,200,000. To improve the marketability of its shares, the corporation declares a 2-for-1 stock split. Which of the following best describes the effect of the stock split on the company’s accounts?