Compute the Total Market Value of the Inventor's Shares in Part 2 as of February 5 and February 28

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-$15 par value, 150,000 shares authorized, 53,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 795,000 525,000 675,000 $ $1,995,000 On February 5, the directors declare a 14% 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 $35 per share on February 28. 3. Compute the total market value of the investor's shares in part 2 as of February 5 and February 28. February 5 February 28 Total market value of shares