Determining Effects of Stock Splits

Oracle corp has had the following stock splits since its inception.

$\backslash$table$[[$Effective Date,Split Amount$],[$October $12,2000,2$ for $1],[$January $18,2000,2$ for $1],[$February $26,1999,3$ for $2],[$August $15,1997,3$ for $2],[$April $16,1996,3$ for $2],[$February $22,1995,3$ for $2],[$November $8,1993,2$ for $1],[$June $16,1989,2$ for $1],[$December $21,1987,2$ for $1],[$March $9,1987,2$ for $1]]$

a$.$ If the par value of Oracle shares was originally $$6,$ what would Oracle Corp. report as par value per share on its $2015$ balance sheet?

Compute the revised par value after each stock split.

Round answers to three decimal places.

$\backslash$table$[[$Iffective Date,,$\backslash$table$[[$ed Par$],[$lue$]]],[$March $9,1987,s,3],[$December $21,1987,s,1\mathrm{.}5],[$June $16,1989,$s$,2\mathrm{.}25],[$November $8,1993,$s$,],[$February $22,1995,s,0],[$April $16,1996,$s$,0],[$August $15,1997,$s$,0],[$February $26,1999,$s$,0],[$January $18,2000,$s$,0],[$October $12,2000,s,]]$

b$.$ On May $10,2016,$ Oracle stock traded for about $$130.$ All things equal, if Oracle had never had a stock split what would a share of Oracle have traded for that same day? Round answer to the nearest doliar.

$50$