A. A corporation has 46,517 shares of $22 par stock outstanding that has a current market value of $260 per share. If the corporation issues a 4-for-1 stock split, the market value of the stock will fall to approximately

B. A corporation purchases 6,197 shares of its own $6 par common stock for $25 per share, recording it at cost. What will be the effect on total stockholders' equity?