Forward Stock Split On March 1 of the current year, Sentry Corporation has 480,000 shares of $10 par value common stock that are issued and outstanding. The general ledger shows the following account balances relating to the common stock: Common stock $4,800,000 Paid-in capital in excess of par value $2,040,000 On March 2, Sentry Corporation splits its stock 2-for-1 and reduces the par value to $5.00 per share, a. How many shares of common stock are issued and outstanding immediately following the stock split? 0 b. What is the balance in the Common Stock account immediately following the stock split? $ 0 c. What is the balance in the Paid-in Capital in Excess of Par Value account immediately following the stock split? $ 0 d. Is an entry required to record the forward stock split