Growth Industries' current stockholders' equity account is as follows:

a.Indicate the change in par value and the number of shares outstanding if the firm declares a 2-for-1 stock split.

b.Indicate the change, in par value and the number of shares outstanding if the firm declares a 1-for-1

reverse stock split.

c.Indicate the change in par value and the number of shares outstanding if the firm declares a 3-for-1 stock split.

d.Indicate the change in par value and the number of shares outstanding if the firm declares a 6-for-1 stock split.

e.Indicate the change in par value and the number of shares outstanding if the firm declares a 1-for-4 reverse stock split.

a.The number of shares outstanding after a 2-for-1 stock split is ____

shares. (Round to the nearest whole number.)

Preferred stock	$ 400,000
Common stock (300 comma 000300,000 shares at $44 par)	1 comma 200 comma 0001,200,000
Paid-in capital in excess of par	200,000
Retained earnings	Modifying 800 comma 000 with underline 800,000
Total stockholders' equity	Modifying $ 2 comma 600 comma 000 with double underline$2,600,000