Question: A firm declares a 5-1 stock split. Before the stock split: Common stock (100,000 shares, $1 par) 100,000 Capital in Excess of Par 500,000 Retained

A firm declares a 5-1 stock split. Before the stock split:

A firm declares a 5-1 stock split. Before the stock split: Common stock (100,000 shares, $1 par) 100,000 Capital in Excess of Par 500,000 Retained Earnings $2,000,000 Total Equity $2,600,000 Calculate Capital in Excess of Par after the stock split. O $500,000 O $900,000 0 $1,000,000 O $1,300,000

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