On July 31, 2015, the Archer Company Reported the Following

On July 31, 2015, the Archer Company reported the following information in the equity section of their balance sheet:
$\begin{array}{c}\begin{array}{|l|}\hline \text {Stockholders'equity}\\\hline \text {Common stock, \( \$ 1.00 \) par, 500,000 shares authorized, }\\ \text {20,000 shares issued}\\\hline \text {Paid-in capital in excess of Par-Common}\\\hline \text {Retained earnings}\\\hline \text {Total stockholder's equity}\\\hline\end{array}\begin{array}{|r|}\hline\\\hline\\\$ 20,000 \\\hline 1,180,000 \\\hline 3,200,000 \\\hline \$ 4,400,000 \\\hline\end{array}\end{array}$
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.)