Help 5 The owners' equity accounts for Masterson International are shown here: 10 points Common stock ($1 par value) $ 45,000 Capital surplus 157,000 Retained earnings 603,000 eBook Total owners' equity $805,000 Print References The company declares a two-for-one stock split. PROBLEM SET: Chapter 14 i Saved Help 5 The company declares a two-for-one stock split. a-1. How many shares are outstanding now? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) a. What is the new par value per share?(Do not round intermediate calculations and 2. round your answer to 2 decimal places, e.g., 32.16.) 10 points eBook a-1. New shares outstanding a-2. New par value Print per share References Now assume that instead the company declares a one-for-five reverse stock split. b-1. How many shares are outstanding now? (Do not round Intermediate calculations and round your answer to the nearest whole number, e.g., 32.) b- What is the new par value per share? (Do not round intermediate calculations and 2. round your answer to the nearest whole number, e.g., 32.) b-1. New shares outstanding b-2. New par value per share MC Graw Hill