11-5 Stock Split The Fox Corporation charter authorizes 300,000 shares of $10 par Common Stock Accounts appear below. Common Stock $10 Par $1,000,000 Paid in Capital in excess of Par $900,000 Treasury Stock (cost basis) (1,000shs X $20) $20,000 The Board of Directors announces a two for one split when the stock is trading at 76 a share. The split will be for stockholders of record July 5. Answer the following: Before Split After Split Authorized shares shares shares Issued shares shares shares Outstanding shares shares shares Par value $ per share per share Probable market price $ per share per share If necessary, prepare the journal entry to record the stock split.