8 Part 2 of 2 Required information [The following information applies to the questions displayed below]...

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8 Part 2 of 2 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 authorised, 59,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings 9.09 points 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. 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 Total stockholders' equity 8 Part 2 of 2 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 authorised, 59,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings 9.09 points 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. 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 Total stockholders' equity