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Stock Split Dapple Corp Declared a 3:1 Stock Split Common Stock: $3.00 PV, 1,200,000 shares authorized, 800,000 shares issued and outstanding. PIC in Excess of

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Stock Split Dapple Corp Declared a 3:1 Stock Split Common Stock: $3.00 PV, 1,200,000 shares authorized, 800,000 shares issued and outstanding. PIC in Excess of PV $250,000 Current market price = $120.00 share. Total Paid In Capital before the split = $3,450,000 REQUIRED: 1) Record the Journal Entry for the stock split. 2) Describe in detail the effects of the 3:1 stock split. 3) How much is the total paid-in captal after the split

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