The owners' equity accounts for Mars International are shown here: Please show the equity accounts will change if: a. The company declares a 5 -for-1 stock split. How many shares are outstanding now? What is the new par value per share? [6 marks] b. The company declares a 1 -for- 4 reverse stock split. [6 marks] c. The balance sheet for Mars International is shown below in Market value terms. There are 12,000 shares of stock outstanding. The company has declared a dividend of $1.45 per share. The stock goes ex dividend tomorrow. Ignoring any tax effects, what is the stock selling for today? What will it sell for tomorrow? What will the balance sheet look like after the dividends are paid? [9 marks] d. suppose the company has announced it is going to repurchase $17,400 worth of stock. What effect will this transaction have on the equity of the firm? How many shares will be outstanding? What will the price per share be after the repurchase? Ignoring tax effects, show how the share repurchases effectively the same as a cash dividend. [9 marks]