The owners' equity accounts for Masterson International are shown here: Common stock ($1 par value) $ 45,000 Capital surplus 157,000 Retained earnings 603,000 Total owners' equity The company declares a two-for-one stock split. a-1. How many shares are outstanding now? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) a- What is the new par value per share?(Do not round intermediate calculations and 2. round your answer to 2 decimal places, e.g., 32.16.) a-1. New shares outstanding a-2. New par value $805,000 b-1. New shares outstanding b-2. New par value per share Now assume that instead the company declares a one-for-five reverse stock split. b- How many shares are outstanding now? (Do not round intermediate calculations 1. and round your answer to the nearest whole number, e.g., 32.) b- What is the new par value per share? (Do not round intermediate calculations and 2. round your answer to the nearest whole number, e.g., 32.) per share

The owners' equity accounts for Masterson International are shown here: The company declares a two-for-one stock split. a-1. How many shares are outstanding now? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) a. What is the new par value per share?(Do not round intermediate calculations and 2. round your answer to 2 decimal places, e.g., 32.16.) Now assume that instead the company declares a one-for-five reverse stock split. b. How many shares are outstanding now? (Do not round intermediate calculations 1. and round your answer to the nearest whole number, e.g., 32.) b. What is the new par value per share? (Do not round intermediate calculations and 2. round your answer to the nearest whole number, e.g.,32.)