EX 13-20 Effect of stock split Ironhaus Restaurant Corporation wholesales ovens and ranges to restaurants throughout the Southwest. Ironhaus Restaurant Corporation, which had 40,000 shares of common stock outstanding, declared a 4-for-1 stock split. a. What w be the number of shares outstanding after the split? b. If the common stock had a market price of $300 per share before the stock split, what OBJ.7 would be an approximate market price per share after the split