One june 30,2013 the sharper corporation’s common stock is priced at

One June 30,2013 the Sharper Corporation’s common stock is priced at $62 per share before any stock dividend or split, and the stockholders’ equity section of its balance sheet appears as follows:

Common Stock- $ par value, 120,000 shares authorized, 50,000 shares issued and oustandind………$500,000

PIC in excess of par value, common stock……………………………………………………………………………………………200,000

Retained earnings…………………………………………………………………………………………………………………………………660,000

Total Stockholders’ equity………………………………………………………………………………………………………………….$1,360,000

 

2. Assume the comany implements a 3-2 stock split.

   A. What is the retained earnings balance

   B. What is the amount of total stockholders equity?

   C. How many shares are outstanding?

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