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3. The owners'equity accounts for Vidi International are shown here: Common stock ($.50 par value)$42,500 Capital surplus355,000 Retained earnings778,120 Total owners’ equity$1,175,620 a-1.If the company declares a five-for-one stock split, how manyshares are outstanding now? (Do not round intermediatecalculations.)a-2.Whatis the new par value per share? (Do not round intermediatecalculations and round your answer to 3 decimal places, e.g.,32.161.)b-1.Ifthe company declares a one-for-four reverse stock split, how manyshares are outstanding now? (Do not round intermediatecalculations.)b-2.Whatis the new par value per share? (Do not round intermediatecalculations and round your answer to 2 decimal places, e.g.,32.16.)