Common stock ($.50 par value) Capital surplus Retained earnings Total owners' equity $ 20,000 210,000 587,300 $817,300 Question 5: For the company in problem 4(above), show how the equity accounts will change if: a. The company declares a 4-for-1 stock split. How many shares are outstanding now? What is the new par value per share? b. The company declares a 1-for-5 reverse stock split. How many shares are outstanding now? What is the new par value per share?