What effect will a three-for-one stock split have on the following items found on a firm's financial statements?

1. Earnings per share $4.89. Round your answer to the nearest cent.

   Initial amount	New amount	Effect
   $4.89	$	-Select-increasedecreaseno changeItem 2

2. Total equity $8,000,000. Round your answer to the nearest dollar.

   Initial amount	New amount	Effect
   $8,000,000	$	-Select-increasedecreaseno changeItem 4

3. Long-term debt $4,100,000. Round your answer to the nearest dollar.

   Initial amount	New amount	Effect
   $4,100,000	$	-Select-increasedecreaseno changeItem 6

4. Additional paid-in capital $1,512,000. Round your answer to the nearest dollar.

   Initial amount	New amount	Effect
   $1,512,000	$	-Select-increasedecreaseno changeItem 8

5. Number of shares outstanding 900,000. Round your answer to the nearest whole number.

   Initial amount	New amount	Effect
   900,000		-Select-increasedecreaseno changeItem 10