Required information Exercise 11-7 Stock dividends and per share book values L.O. P2 [The following information applies to the questions displayed below.) The stockholders' equity of Whiz.com Company at the beginning of the day on February 5 follows. Common stock-$25 par value, 150,000 shares authorized, 2,075,000 83,000 shares issued and outstanding $ Paid-in capital in excess of par value, common stock 525,000 Retained earnings 675,000 Total stockholders' equity $3,275,000 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 $34 per share on February 5 before the stock dividend. The stock's market value is $30 per share on February 28. Exercise 11-7 Part 1 1. Prepare entries to record both the dividend declaration and its distribution. (Omit the "$" sign in your response.) General Journal Debit Credit Date Feb. 5 (Click to select) (Click to select) (Click to select) 28 Feb. (Click to select) (Click to select) Exercise 11-7 Part 2 2. One stockholder owned 800 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. (Do not round intermediate calculations. Round book value per share to 2 decimal places and other answers to the nearest dollar amount. Omit the "$" sign in your response.) After Book value per share Total book value of shares $ Before $ $ A ta A A Exercise 11-7 Part 3 3. Compute the total market value of the investor's shares in part 2 as of February 5 and February 28. (Omit the "$" sign in your response.) Total market value of shares February 5 $ February 28 $