On June 13, the board of directors of Siewert Inc. declared a 2-for-1 stock split on its 140 million, $1 par, common shares, to be distributed on July 1. The market price of Siewert common stock was $34 on June 13. Prepare a journal entry that summarizes the declaration and distribution of the stock split if it is not to be effected in the form of a stock dividend. What is the par per share after the split? Complete this question by entering your answers in the tabs below. General Journal Par value What is the par per share after the split? (Enter your answer in dollars rounded to 2 decimal places.) Par value per share