On November 15, 2023, Bandara's board of directors declared a 3:1 share split to the shareholders of record on November 20 to be distributed on November 29 . The market prices of the shares on November 15 , 20, and 29 were $2.35, $0.76, and $0.83, respectively. Required 1. Prepare the required entries for November 15,20 , and 29 . 2. Prepare the equity section on the November 30 , 2023, balance sheet, assuming profit earned during November 2023 was $273,000. Analysis Component: What effect did the share split have on the market price of Bandara's shares and why