Vector Ltd showed the following equity account balances on December
Vector Ltd. showed the following equity account balances on December 31, 2014:
Common shares, 100,000 shares authorized;
28,000 shares issued and outstanding .......................................................... $476,000
Retained earnings............................................................................................. 85,000

On January 2, 2015, Vector declared and distributed a 3:1 share split. Prepare a comparative equity section immediately before and after the share split similar to Exhibit 14.4.

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