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A corporation, which had 29,900 shares of common stock outstanding, declared a 5 -for-1 stock split. a. What will be the number of shares outstanding

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A corporation, which had 29,900 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 $220 per share before the stock split, what would be an approximate market price per share after the split? per share c. Journalize the entry for the stock spilt. If no entry is required, type "No Entry Required" and leave the amount boxes blank If an amount box does not require an entry, leave it blank

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