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What effect will afour-for-one stock split have on the following items found on afirm's financial statements?Earnings per share$5.00. Round your answer to the nearest cent.InitialamountNew amountEffect$5.00$ -Select-increasedecreasenochangeTotal equity$9,000,000. Round your answer to the nearest dollar.InitialamountNew amountEffect$9,000,000$ -Select-increasedecreasenochangeLong-term debt$4,300,000. Round your answer to the nearest dollar.InitialamountNew amountEffect$4,300,000$ -Select-increasedecreasenochangeAdditional paid-incapital $1,564,000. Round your answer to the nearest dollar.InitialamountNew amountEffect$1,564,000$ -Select-increasedecreasenochangeNumber of sharesoutstanding 900,000. Round your answer to the nearest wholenumber.InitialamountNew amountEffect900,000-Select-increasedecreasenochangeEarnings $4,500,000.Round your answer to the nearest dollar.InitialamountNew amountEffect$4,500,000$ -Select-increasedecreasenochange
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