7 ! Part 2 of 2 10 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, 62,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 1,240,000 423,000 551,000 $ 2,214,000 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. Return to question 2. Prepare the stockholders' equity section after the stock dividend is distributed. (Assume no other changes to equity.) > Answer is complete but not entirely correct. TVX COMPANY Stockholders' Equity Section of the Balance Sheet February 28 Common stock-$20 par value $ 1,264,800 Paid-in capital in excess of par value, common stock 461,440 X Retained earnings 512,560 Total stockholders' equity $ 2,238,800