Stockton Mineral Operations (SMO) currently has 520,000 shares of stock outstanding that sell for $85 per share. Assume no market imperfections or tax effects exist.

Determine the share price and new number of shares outstanding if:

Note: Do not round intermediate calculations. Round your price per share answers to 2 decimal places, e.g., 32.16, and shares outstanding answers to the nearest whole number, e.g., 32.

A. SMO has a five-for-three stock split.

B. SMO has a 12 percent stock dividend.

C. SMO has a 43.5 percent stock dividend.

D. SMO has a four-for-seven reverse stock split.