Jeans warehouse has 16000 shares of stock outstanding the, Financial Management

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Jeans warehouse has 16000 shares of stock outstanding the

Jean's Warehouse has 16,000 shares of stock outstanding. The current market value of the firm is $768,000. The company has retained earnings of $130,000, paid in surplus of $321,000, and a common stock account value of 16,000. The company is planning a 5-for-3 stock split. What will the retained earnings account value be after the split?

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