On March 1, a company has 340,000 shares of $3 par value ($116 market value) common stock issued and outstanding. As of that date, its balance sheet shows the following account balances relating to its common stock. Common stock $1,020,000 Paid-in capital in excess of par $1,320,000 On March 2, the company splits its stock 3-for-2 and reduces the par value to $2.00 per share. a. How many shares of common stock are issued and outstanding immediately after the stock split? Question Blank 1 of 2 choose your answer... b. What is the dollar balance of the common stock account immediately after the stock split? Question Blank 2 of 2 choose your