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

1. Earnings per share $5.37. Round your answer to the nearest cent.

   Initial amount	New amount	Effect
   $5.37	$	increase, decrease, or no change

2. Total equity $9,000,000. Round your answer to the nearest dollar.

   Initial amount	New amount	Effect
   $9,000,000	$	increase, decrease, or no change

3. Long-term debt $4,400,000. Round your answer to the nearest dollar.

   Initial amount	New amount	Effect
   $4,400,000	$	increase, decrease, or no change

4. Additional paid-in capital $1,692,000. Round your answer to the nearest dollar.

   Initial amount	New amount	Effect
   $1,692,000	$	increase, decrease, or no change

5. Number of shares outstanding 800,000. Round your answer to the nearest whole number.

   Initial amount	New amount	Effect
   800,000		increase, decrease, or no change

6. Earnings $4,300,000. Round your answer to the nearest dollar.

   Initial amount	New amount	Effect
   $4,300,000	$	increase, decrease, or no change