At the end of the year, the records of NCIS Corporation provided the following selected and incomplete data:

Common stock (par $10); no changes in account during the year.

Shares authorized, 360,000.

Shares issued: _______ (all shares were issued at $14 per share. Total cash collected: $2,170,000.

Treasury stock: 7,000 shares (repurchased at $14 per share).

The treasury stock was acquired after a stock split was announced.

Net income, $303,400.

Dividends declared and paid: $173,160.

Retained earnings beginning balance: $715,000.

Can someone help with the following questions? Thank you in advance!

6. Assume that the board of directors voted a 2-for-1 stock split. After the stock split, calculate the par value per share and the number of outstanding shares. [ $ 5 Par value per share Shares outstanding 7. Assuming the stock split mentioned above, prepare any journal entry that should be made. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet