On February 5, the directors declare a 14% stock dividend distributable on February 28 to the February 15 stockholders of record. The stocks market value is $40 per share on February 5 before the stock dividend. The stocks market value is $35 per share on 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-$20 par value, 150,00 shares $1,240,000 525,000 675,000 $2,440,00e authorized, 62,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity 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. Journal entry worksheet 2 Record the declaration of 14% stock dividend Note: Enter debits before credits. Date General Journa Debit Credit Feb 05 Record entry Clear entry View general journal Journal entry worksheet Record the distribution of 14% stock dividend. Note: Enter debits before credits. Date General Journal Debit Credit Feb 28 Record entry Clear entry View general journal 2. One stockholder owned 350 shares on February 5 before the dividend. Compute the book value per share and total book value of this stockholder's shares immediately before and after the stock dividend of February 5. (Round your "Book value per share" answers to 3 decimal places.) After Before Book value per share Total book value of shares 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