Stock split versus stock dividend-Firm Mammoth Corporation is considering a 3-for-2 stock split. It currently has the stockholders' equity position shown The current stock price is $120 per share. The most recent period's earnings available for common stock is included in retained earnings Preferred stock Common stock (150,000 shares at $4 par) Paid-in capital in excess of par Retained earnings $ 1.000.000 600.000 1.700.000 10.000.000 (Round to the nearest dollar) a. If the firm declares a 3-for-2 stock split, the new balance in the common stock account after the split is $ Enter your answer in the answer box and then click Check Answer 16 parts Temaining