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, 250,000.

Shares issued: _______ (all shares were issued at $15 per share. Total cash collected: $2,115,000.

Treasury stock: 5,000 shares (repurchased at $15 per share).

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

Net income, $263,840.

Dividends declared and paid: $144,160.

Retained earnings beginning balance: $605,000.

a) 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.