On July 31, 2015, the Archer Company reported the following information in the equity section of their balance sheet: 
Assume that Archer carries out a 3-for-1 stock split. Please prepare a similar equity section showing the effects of the stock split. (Please round all numbers to the nearest cent.)
Definitions:
Unofficial Requirement
An expectation or condition that is not formally articulated but is understood and followed in practice.
Christian
Pertaining to the religion based on the life and teachings of Jesus Christ, emphasizing love, redemption, and the relationship between God and humans.
Simulacrum
An image or representation of someone or something, often referring to a copy without the original's substance or qualities.
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A popular American late-night talk and news satire television program.
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