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P14-13 Stock split: Firm The stockholders' equity account of Paper Weight Company is a follow: $300,000 shares at $5 Preferred stock Common stock (200,000 par)

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P14-13 Stock split: Firm The stockholders' equity account of Paper Weight Company is a follow: $300,000 shares at $5 Preferred stock Common stock (200,000 par) $1,000,000 Paid-in capital in excess of par Retained earnings Total stockholders' equity $500,000 $820,000 $2,620,000 a. How will stockholders' equity account changes if Paper Weight Company declares a 2-for-1 stock split? b. How will stockholders' equity account changes if Paper Weight Company declares a 1-for-2 reverse stock split? c. Indicate the change, if any, expected if the firm declares a 3-for-1 stock split. d. How will the stockholders' equity account change if Paper Weight Company declares a 1-for-4 reverse stock split

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