19. the board of directions of reeves corporation, a caterpillar dealership, based in Lynn declared a 4-for 1 stock split. Reeves had 100,000 shares of common stock outstanding, calculate the effect of the stock split on the following:

a. the number of shares outstanding after the split =

b at a market price of $160 per share before the stock split, what would be an approximate market price per share after the split??

20. on june 15, NASDA corporation, acquired a building in exchange for $35,00 shares with $75 par common stock valued at $110 per share. make the journal entries to record the transaction