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b. If the pany in Problem 2, show how the equity accounts will change if any declares a four-for-one stock splt. How many shares are outstanding now? What is the declares a one-for-five reverse stock split. How many shares are outstanding now? new par value per share? a b. The company What is the new par value per share? h 240 000 shares of stock what do you think sock n hewners' equity accounts for Southern Lights Interationai are shoun here ners' equity accounts for Southern Lights International are shown Common stock ($1 par value) Capital surplus Retained earnings 25,000 135,000 787,600 $947,600 Total owners' equity the company's stock currently sells for $30 per share and a 10 percent stock dividend is declared. new shares will be distributed? Show how the equity accounts would change. mpany declared a 25 percent stock dividend, how would the accounts change? nu in Prnhlem 2, show how the equity accounts will change if