A corporation, which had $31,900$ shares of common stock outstanding, dedared 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 $$200$ per share before the stock split, what would be an approximate market price per share after the split?

$$ per share

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

$$

$$