Rolling Pin Corporation wholesales ovens and ranges to restaurants throughout the Midwest. Rolling Pin Corporation, which had 50,000 shares of common stock outstanding, declared a 3-for-1 stock split ( 2 additional shares for each share issued).

a. What will be the number of shares outstanding after the split?

b. If the common stock had a market price of \(\$ 180\) per share before the stock split, what would be an approximate market price per share after the split?objs. 2, 3, 4, 6