An analyst gathered the following data about stocks J, K, and L, which together form a value-weighted index: December 31, Year December 31, Year 2 Stock Price Shares Outstanding Price Shares Outstanding $40 $30 $50 10,000 6,000 9,000 $50 $20 $40 0,000 2,000 9,000 2 for I stock split The ending value-weighted index (base index = 100) is closest to 1. 92.31. 2. 93.64. 3. 106.8o 4. 108.33