At December 31, the records of Nortech Corporation provided the following selected and incomplete data:

Common stock (par value $1 per share; no changes during the current year). Shares authorized, 500,000. Shares issued, ?????; at an issue price of $28 per share. Common Stock account, $260,000. Shares held as treasury stock, 3,600 shares, cost $26 per share.

Required:

Complete the following: TIP: To determine the number of shares issued, divide the balance in the Common Stock account by the par value per share. (Round "per share" answers to 2 decimal places.)

1-a. Shares authorized
1-b. Shares issued
1-c. Shares outstanding
2. The balance in Additional Paid-in Capital would be
3. Treasury stock should be reported in the stockholders equity section of the balance sheet in the amount of
4. Assume that the board of directors approved a 2-for-1 stock split. After the stock split, the par value per share will be