9 The owners' equity accounts for Vulcano International are shown here: Common stock ($.50 par value) Capital surplus Retained earnings $ 20,000 210,000 587,300 Total owners' equity $ 817,300 The company declares a 4-for-1 stock split. a-1. How many shares are outstanding now? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. a-2. What is the new par value per share? Note: Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161. a-1. New shares outstanding a-2. New par value per share Now assume that instead the company declares a 1-for-5 reverse stock split. b-1. How many shares are outstanding now? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. b-2. What is the new par value per share? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. b-1. New shares outstanding b-2. New par value per share

The owners' equity accounts for Vulcano tnternational are shown here: The company declares a 4for1 stock split. a-1. How many shares are outstanding now? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.9., 32. a-2. What is the new par value per share? Note: Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161. Now assume that instead the company declares a 1-for-5 reverse stock split. b-1. How many shares are outstanding now? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.9., 32. b-2. What is the new par value per share? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16