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A corporation, which had 39,300 shares of common stock outstanding, declared a 5-for-1 stock split. Question Content Area a. What will be the number of

A corporation, which had 39,300 shares of common stock outstanding, declared a 5-for-1 stock split.

Question Content Area

a. What will be the number of shares outstanding after the split? fill in the blank ecce33045ffdf96_1 shares

b. If the common stock had a market price of $110 per share before the stock split, what would be an approximate market price per share after the split? $fill in the blank ecce33045ffdf96_2 per share

Question Content Area

c. Journalize the entry for the stock split. 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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