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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

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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-$10 par value, 150,000 shares authorised, 61,000 shares issued and outstanding $.610.000 Paid-in capital in excess of par value, common stock 430,000 Retained earnings 546.000 Total stockholderar equity + 1,586,000 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 $41 per share on February 5 before the stock dividend. BOOK HA Print Moreno 2. Prepare the stockholders' equity section after the stock dividend is distributed. (Assume no other changes to equity) TVX COMPANY Stockholders' Equity Section of the Balance Sheet February 28 Common stock --10 par value Paid in capital in excess of par value. common stock Retained earnings Total stockholders equity $

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