Required information Exercise 13-10 (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-$10 par valve, 150,000 shares authorized, 59,000 shares issued and outstanding $ 590,000 Paid in capital in excess of par value, Connon stock 421,000 Retained earnings 552,000 Total stockholders' equity $ 1,563,000 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 $36 per share on February 5 before the stock dividend Exercise 13-10 (Algo) Part 1 1. Prepare entries to record both the dividend declaration and its distribution View transaction list Journal entry worksheet View transaction list Journal entry worksheet 1 2 > Record the declaration of a 2% stock dividend. Note: Enter debits before credits. Date General Journal February 05 Retained earnings Debit Credit Record entry Clear entry View general journal The stockholders' equity section of TVX Company on February 4 follows. Common stock-$10 par value, 150,000 shares authorized, 59,000 shares issued and outstanding Paid in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 590,000 421,000 552,000 $ 1,563,000 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 $36 per share on February 5 before the stock dividend. Exercise 13-10 (Algo) Part 2 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 Total stockholders' equity S