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7 Part 1 of 2 9.09 points Required information [The following information applies to the questions displayed below.) The stockholders' equity section of TVX

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7 Part 1 of 2 9.09 points Required information [The following information applies to the questions displayed below.) The stockholders' equity section of TVX Company on February 4 follows. Common stock-$20 par value, 150,000 shares authorized, 59,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $1,180,000 424,000 551,000 $2,155,000 On February 5, the directors declare a 2% stock dividend distributable on February 28 to the February 15 stockholders of record. The stock's market value is $31 per share on February 5 before the stock dividend.

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