On June 8, the corporation declares a 2-for-1 split on the common stock. What is the par value per share of common stock after the transaction? How many shares of common stock are outstanding after the transaction? Record the balances in the equity section after the June 8 transaction has been recorded. Stockholders Equity Before After Transaction Transaction $260000 Common stock, 750000 shares authorized, 10000 shares issued, 9000 shares outstanding, $26 par value. $ $1040000 Contributed capital in excess of par value, Common Stock $ Retained Earnings $60000 $ | ) $(104000) Treasury Stock $( Total Stockholders Equity $1256000 $