Che Required information The following information applies to the questions displayed below. The stockholders' equity of TVX Company at the beginning of the day on February 5 follows: Common stock-$20 par value, 150,000 shares authorized, 52,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $1,040,000 525, 000 675,000 $2,240,000 On February 5, the directors declare a 18% stock dividend distributable on February 28 to the February 15 stockholders of record. The stock's market value is $47 per share on February 5 before the stock dividend. The stock's market value is $40 per share on February 28 3. Compute the total market value of the investors shares in part 2 as of February 5 and February 28 February 5 February 28 Total market value of shares