The owners equity accounts for Hexagon International are shown here:

Common stock ($.50 par value)	$	38,000
Capital surplus		330,000
Retained earnings		728,120
Total owners equity	$	1,096,120

a-1.	The company declares a two-for-one stock split. How many shares are outstanding now? (Do not round intermediate calculations.)

New shares outstanding

a-2.	The company declares a two-for-one stock split. What is the new par value per share? (Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.)

New par value

$ per share

b-1.	The company declares a one-for-four reverse stock split. How many shares are outstanding now? (Do not round intermediate calculations.)

New shares outstanding

b-2.	The company declares a one-for-four reverse stock split. What is the new par value per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

New par value

$ per share