Requlred information [The following information applies to the questions displayed below] Bacon Inc. has the following stockholders' equity section in its May 31, 2019, comparative balance sheets: g. Assume that instead of the stock dividend described in 1 , the board of directors authorized a 2foc1 stock split on June 1 when the market price of the common stock was $70 per share. 1. What will be the par value, and haw many shares of common stock will be authorized atter the splt? (Round "Par value" answer to 2 decimal places.) 2. What will be the market price pet share of common stock after the split? 3. How many shares of common stock will be in the treasury affer the splir