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please show work and explain so i can understand Required information [The following information applies to the questions displayed below.) The stockholders' equity section of

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Required information [The following information applies to the questions displayed below.) The stockholders' equity section of TVX Company on February 4 follows. Common stock-$10 par value, 150,000 shares authorized, 60,000 shares issued and outstanding $ 600,000 Paid-in capital in excess of par value, common stock 428,000 Retained earnings 553,000 Total stockholders' equity $ 1,581,000 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 equity) TVX COMPANY Stockholders' Equity Section of the Balance Sheet February 28 Common stock-$10 par value Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity 0 bok Kinkald Company was incorporated at the beginning of this year and had a number of transactions. The following journal entries Impacted its stockholders' equity during its first year of operations. Transaction General Journal Debit Credit a. Cash 260,000 Common Stock, $25 Par Value 230,000 Paid-In Capital in excess of Par Value, Common Stock b. 30,000 Organization Expenses 180,080 Common Stock, $25 Par Value 128,000 Paid-In Capital in excess of Par Value, Connon Stock 52,000 c. Cash 44,00 Accounts Receivable 17,080 Building 82,400 Notes Payable 59,700 Common Stock, $25 Par Value 53,700 Paid-In Capital in excess of Par Value, Common Stock 30, 680 d. Cash 123,000 76,000 Common Stock, $25 Par Value 47,000 Paid-In Capital in Excess of Par Value, Connon Stock Required: 2. How many shares of common stock are outstanding at year-end? 3. What is the total paid-in capital at year-end? int rences 2. Number of outstanding shares 3. Total poid-in capital

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