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The owners' equity accounts for Vulcano International are shown here: Common stock ( $ . 5 0 par value ) $ 4 2 , 5

The owners' equity accounts for Vulcano International are shown here:
Common stock ($.50 par value) $ 42,500
Capital surplus 355,000
Retained earnings 778,120
Total owners equity $ 1,175,620
a-1.
If the company declares a five-for-one stock split, how many shares are outstanding now? (Do not round intermediate calculations.)
a-2. 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.)
b-1. If the company declares a one-for-four reverse stock split, how many shares are outstanding now? (Do not round intermediate calculations.)
b-2. 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.)

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