A company issues 100,000 shares at $50 per share. It has a debt-equity ratio of 2:1. If the company announces a 3-for-1 stock split, what will be the result?

• The total stockholder's equity will decrease and the debt-equity ratio will remain unchanged.
• The total stockholder's equity and the debt-equity ratio will decrease.
• The total stockholder's equity will increase and the debt-equity ratio will decrease.
• The total stockholders' equity and the debt-equity ratio will remain unchanged.