The owners' equity accounts for Octagon International are shown here.

Common stock ($.40 par value)	$	25,000
Capital surplus		300,000
Retained earnings		668,120
Total owners equity	$	993,120

a-1	If Octagon declares a four-for-one stock split, how many shares will be outstanding? (Do not round intermediate calculations.)

New shares outstanding

a-2	What is the new par value per share? (Do not round intermediate calculations. Round your answer to 3 decimal places (e.g., 32.161).)

New par value

$ per share

b-1	If Octagon declares a one-for-five reverse stock split, how many shares are outstanding now? (Do not round intermediate calculations.)

New shares outstanding

b-2	What is the new par value per share? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

New par value

$ per share