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P 11-3 Following is the stockholders' equity section of Critter Contracting Inc. shown before and after a stock split on April 15, 2019. Before split

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P 11-3 Following is the stockholders' equity section of Critter Contracting Inc. shown before and after a stock split on April 15, 2019. Before split After split Stockholders' Equity Stockholders' Equity Common stock Common stock Authorized 5,000 shares Authorized- ? shares Issued and outstanding- Issued and outstanding - 1,000 shares $100,000 ? shares $ ? On April 15, the board of directors authorized a 5 for 1 stock split. Required: 1. Complete the stockholders' equity section of the balance sheet after the split. 2. Record a memorandum indicating the new number of shares. 3. If the market value per stock was $40 before the split, what would be the approximate market value after the split? Why

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