Halton Real Estate Has Decided to Split Its Common Stock

Halton Real Estate has decided to split its common stock two-for-one,but is unsure whether they would like to reduce or retain the par value of the common stock.Currently,Halton Real Estate has 10,000 shares of $10 par value common stock outstanding with a market value of $60 per share.Under option A,Halton Real Estate would retain par value at $10 per share and under option B,Halton Real Estate would reduce par value.Under each option,determine the following:
Option A
1.________ How much is the common stock account increased by?
2.________ How much is the retained earnings account increased by?
3.________ How much is the total stockholders' equity increased by?
4.________ What is the new expected market value of the common stock?
5.What is the journal entry to account for the stock split under option A?
Option B
1.________ How much is the common stock account increased by?
2.________ How much is the retained earnings account increased by?
3.________ How much is the total stockholders' equity increased by?
4.________ What is the new expected market value of the common stock?
5.What is the journal entry to account for the stock split under option B?