Chorpa,Inc $\begin{array}{cl}\text { \# of Shares Issued } & \text { Par Value } &\text { Market Price per Share }\\210,000&\$ 1.80 &\$30.00\\\end{array}$

Chorpa,Inc.,has 700,000 shares authorized and 150,000 shares issued and outstanding of $3 par value common stock.The current market price of the stock is $50 per share.On December 1,2X13,the company declared and issued a 40% stock dividend.After the stock dividend,determine the new value for each of the following items:

A) $\begin{array}{cl}\text { \# of Shares Issued } & \text { Par Value } &\text { Market Price per Share }\\210,000&\$ 1.80 &\$30.00\\\end{array}$

B) $\begin{array}{lccc} \text { \# of Shares Issued } & \text { ParValue } &\text { Market Price per Share }\\210,000 &\$1.80&\$70.00\\\end{array}$

C) $\begin{array}{lccc}\text { \# of Shares Issued } & \text { ParValue }&\text { Market Price per Share } \\210,000 & \$3.00 & \$30.00 \\\end{array}$

D) $\begin{array}{lccc}\text { \# of Shares Issued } & \text { ParValue } &\text { Market Price per Share }\\210,000 & \$ 3.00 & \$35.71\\\end{array}$

E) $\begin{array}{lccc}\text { \# of Shares Issued } & \text { ParValue } &\text { Market Price per Share }\\430.000 & \$ 1.80 & \$30.00\end{array}$