Chapter l3 Accounting for Corporations On February 5, the directors declare a 20% stock dividend distributable on February 28 to the February 15 stockholders of record. The stock's market value is $40 per share on February 5 before the stock dividend. The stock's market value is $34 per share on February 28. 1. Prepare entries to record both the dividend declaration and its distribution. 2. One stockholder owned 750 shares on February 5 before the dividend. Compute the book value per Chuck {2] Book value per st share and total book value of this stockholder's shares immediately before and after the stock dividend before, $45; after, 5537.50 of February 5. 3. Compute the total market value of the investor's shares in part 2 as of February 5 and February 28