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ABC firm has encountered the following: Shares outstanding Price/share Dividend per share Net Income BEFORE SPLIT 400,000 $50 $1.3 $820,000 The firm had announced a

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ABC firm has encountered the following: Shares outstanding Price/share Dividend per share Net Income BEFORE SPLIT 400,000 $50 $1.3 $820,000 The firm had announced a 4-for-1 stock split 1. Before split, how much is the firm's total common equity? O a $20,000,000 O b. $18,500,000 O c. $17,740,000 O d. $13,000,000 e. None of the above

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