Problem 10-08 A firm has the following balance sheet: a. Construct a new balance sheet showing the impact of a three-for-one split. If the current market price of the stock is $2, what is the price after the split? Round the par value and the market price after the split to the nearest cent, the number of shares outstanding to the neares whole number, and the other answers to the nearest dollar. Price of the common stock after the split: $ b. Construct a new balance sheet showing the impact of a 15 percent stock dividend. After the stock dividend, what is the new price of the common stock? Use the original balance shect from the problem statement. Round the par value and the market price after the stock dividen to the nearest cent, the number of shares outstanding to the nearest whole number, and the other answers to the nearest dollar