Company X decided to raise cash in order to invest in into a new innovative product that was supposed to increase the price per share by $ 2 if implemented. Currently the stock of the company is $ 12 with #100 000 of shares outstanding. In order to raise cash the company issues 10 000 of stock at $ 14 (at $ 4 premium). Then it decides to make a shares split (1 to 2 basis) in order to make them more liquid. Also, during the period, the company revalues its fixed assets from $200 000 to $250 000. Before a share split market capitalization (#shares price) was $ 1390 000. How much was the price and Share premium item of the BS at the end of the period? P $12.64, Share premium - 40000 P- $ 6.32, Share premium = 240 000 p*$6.32, Share premium 40 000 P=$8.32, Share premium = 240 000