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Che The stockholders' equity section of TVX Company on February 4 follows. Common stock-$5 par value, 150,000 shares authorized, 64,000 shares issued and outstanding Paid-in

Che The stockholders' equity section of TVX Company on February 4 follows. Common stock-$5 par value, 150,000 shares authorized, 64,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholder equity $ 320,000 424,000 550,000 $ 1,294,000 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. 2. Prepare the stockholders' equity section after the stock dividend is distributed. (Assume no other changes to TVX COMPANY Stockholders' Equity Section of the Balance Sheet February 28 G of 7 Next > 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 Common stock-$5 par value February 28 Paid-in capital in excess of par value, preferred stock Red earnings Total stockholders' equity $ 0

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