Problem 10-07 What effect will a four-for-one stock split have on the following items found on a firm's financial statements? a. Earnings per share $4.44. Round your answer to the nearest cent. b. Total equity $12,000,000. Round your answer to the nearest dollar. Initial amount New amount Effect $12,000,000 c. Long-term debt $4,400,000. Round your answer to the nearest dollar. Initial amount New amount Effect $4,400,000 Initial amount New amount Effect $4,400,000$ d. Additional paid-in capital $1,467,000. Round your answer to the nearest dollar. Initial amount New amount Effect $1,467,000 Initial amount New amount Effect $1,467,000 e. Number of shares outstanding 900,000. Round your answer to the nearest whole number. Initial amount New amount Effect 900,000 f. Earnings $4,000,000. Round your answer to the nearest dollar. Initial amount New amount Effect $4,000,000