Question 20 (3 points) Bottlecap Manufacturing had $60,000 of its $3 par common stock issued before its recent 3-for-1 stock split. The market price of the stock was $30 per share before the split. Which of the following is true as a result of the split? There were 20,000 shares of common stock issued after the split. The balance in the common stock account increased to $180,000. The market price of the stock was not affected. The par value of the stock decreased to $1 per share. Question 21 (3 points) The Premium on Bonds Payable account is shown on the balance sheet as a contra asset O a reduction of an expense. O a separate valuation account that increases the bond liability to market value at the issue date. a subtraction from a long-term liability. Question 22 (3 points) The Statement of Cash Flows if prepared after the Income Statement, Balance Sheet, and Statement of Changes in Stockholders' Equity (in other words, last). after the Balance sheet and before the Statement of Changes in Stockholders' Equity. after the Income Statement but before the Balance Sheet. on Tuesdays, unless it's raining