1-28. Analyzing, Identifying, and Explaining the Effects of a Stock Split On September 1, Weiss Company has 250,000 shares of $15 par value ( $165 market value mon stock that are issued and outstanding. Its balance sheet on that date shows the following account balances relating to the common stock. On September 2, Weiss splits its stock 3-for-2 and reduces the par value to $10 per share. a. How many shares of common stock are issued and outstanding immediately after the stock split? b. What is the dollar balance of the common stock account immediately after the stock split? c. What is the likely reason that Weiss Company split its stock