Anаlyzing, Identifying, аnd Explаining the Effects оf a Stоck Split On March 1 оf the current year, Xie Company has 360,000 shares of $20 par value common stock that are issued and outstanding. Its balance sheet shows the following account balances relating to common stock. Common stock $7,200,000 Paid-in capital in excess of par value 3,060,000 On March 2, Xie Company splits its common stock 2-for-1 and reduces the par value to $10 per share. Required a. How many shares of common stock are issued and outstanding immediately after the stock split?{#1} b. What is the dollar balance in its common stock account immediately after the stock split? ${#2} c. What is the dollar balance in its paid-in capital in excess of par value account immediately after the stock split? ${#3}