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Required information Exercise 11-10 (Algo) Small stock dividend LO P2 The following information applies to the questions displayed below) The stockholders' equity section of TVX

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Required information Exercise 11-10 (Algo) Small stock dividend LO P2 The following information applies to the questions displayed below) The stockholders' equity section of TVX Company on February 4 follows Common stock-$15 par value, 150,000 shares authorised 62.000 hares innued and outstanding Pad-in capital in excess of par value, common stock xetained earnings Total stockholders equity $930,000 420,000 545.000 $ 1.903.000 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. Exercise 11-10 (Algo) Part 2 2. Prepare the stockholders equity section after the stock dividend is distributed (Assume no other changes to oquity) TVX COMPANY Retained and 5 50.840 Total sockholders will $ 50.340

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