Luna incorporated has the following Shareholder's equity section:

Common Stock, $5 PV $50,000

PIC- Excess Par Value - C/S 65,000

Retained Earnings 180,000

Less: Treasury Stock (2,000) (38,7000)

$246,300

a. The average issue price per share of common stock was $23

b. Luna has 8,000 shares of common stock outstanding

c. If Luna had a 2 for 1 stock split, the new par value would be $2.50

d. All of the above are true

e. Only (a) and (b) are true