The stockholders' equity section of the balance sheet for Mann Equipment Co. at December 31, 2018, is as follows. $705,000 Stockholders' Equity Paid-in capital Preferred stock,? par value, 4% cumulative, 170,000 shares authorized, 47,000 shares issued and outstanding Common stock, $12 stated value, 220,000 shares authorized, 47,000?? shares issued and outstanding Paid-in capital in excess of par-Preferred Paid-in capital in excess of stated value-Common Total paid-in capital Retained earnings Treasury stock, 3,000 shares Total stockholders' equity 564,000 37,000 141,000 1,447,000 320,000 (33,000) $1,734,000 Note: The market value per share of the common stock is $26, and the market value per share of the preferred stock is $19. Required $ a. Par value b. Dividend $ 15 per share 0.60 per share shares c. Common stock d. Average issue price per share If Mann Equipment Company declared a 2-for-1 stock split on the common stock, how many shares will be outstanding after the split? What amount will be transferred from the retained earnings account because of the stock split? Theoretically, what will be the market price of the common stock immediately after the stock split? 106,000 Shares outstanding after the split Amount transferred form retained earnings Market price of common stock after split $ 0 $ 22