The owners' equity accounts for Octagon International are shown here: Common stock ($.40 par value) $ 40,000 350,000 Capital surplus Retained earnings 768,120 $ 1,158,120 Total owners' equity a-1. The company declares a two-for-one stock split. How many shares are outstanding now? (Do not round intermediate calculations.) a. The company declares a two-for-one stock split. What is the new par value per 2. share? (Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.) b- The company declares a one-for-four reverse stock split. How many shares are 1. outstanding now? (Do not round intermediate calculations.) b- The company declares a one-for-four reverse stock split. What is the new par value 2. per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) per share a-1. New shares outstanding a-2. New par value b-1. New shares outstanding b-2. New par value per share