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A corporation, which had 28,400 shares of common stock outstanding, declared a 5-for-1 stock split. a. What will be the number of shares outstanding after

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A corporation, which had 28,400 shares of common stock outstanding, declared a 5-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 $155 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

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