On January 15, 2010 the board of directors of tower international declared a 3 for 1 stok split of its $12 per value common stock, of which 3,200,000 shares were authorized and 800,000 were issued and outstanding. The market value on that date was $45 per share. On the same date, the balance of additional paid in capital was $16,000,000 and the balance of retained earnings was $32,000,000. Prepare the stockholders' equity section of the company's balance sheet before and after the stock split. What entry, if any is needed to record the stock split?