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Robinson's has 32,000 shares of stock outstanding with a par value of $1 per share and a market price of $46 a share. The balance

Robinson's has 32,000 shares of stock outstanding with a par value of $1 per share and a market price of $46 a share. The balance sheet shows $32,000 in the common stock account, $445,000 in the paid-in surplus account, and $390,000 in the retained earnings account. The firm just announced a 5-for-2 stock split. How many shares of stock will be outstanding after the split

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