A corporation, which had $27,600$ shares of common stock outstanding, declared a $3-$for$-1$ stock split.

a$.$ What will be the number of shares outstanding after the split?

shares

b$.$ If the common stock; had a market price of $$87$ per share before the stock split, what would be an approximate market price per share after the split?

$$ per share

c$.$ Journalize the entry to record the stock split. If no entry is required, type $"$No Entry' and leave the amount boxes blank. $$

$$

$$