Required information Problem 8-34 (Algo) Comprehensive problem-calculate missing amounts, issue price, net income, and dividends; interpret stock dividend and split LO 8-1, 8-2,8-3,8-4,8-6,8-7 [The following information applies to the questions displayed below.] Bacon incorporated has the following stockholders' equity section in its May 31, 2022, comparative balance sheets: Problem 8-34 (Algo) Part g 9. Assume that instead of the stock dividend described in f, the board of directors authorized a 2 -for-1 stock split on June 1 when the market price of the common stock was $34 per share. 1. What will be the par value, and how many shares of common stock will be authorized after the split? 2. What will be the market price per share of common stock after the split? 3. How many shares of common stock will be in the treasury after the split