Required information Skip to question 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, 62,000 shares issued and outstanding $ 620,000 Paid in capital in excess of par value, common stock 429,000 Retained earnings 549,000 Total stockholders equity $ 1,598,000 On February 5, the directors declare a 2 stock dividend distributable on February 28 to the February 15 stockholders of record The stocks market value is $36 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 )

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Required information Skip to question [The following information applies to the questions displayed below.] The stockholders equity section of TVX Company on February 4 follows.

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[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, 62,000 shares issued and outstanding	$ 620,000
Paid-in capital in excess of par value, common stock	429,000
Retained earnings	549,000
Total stockholders equity	$ 1,598,000

On February 5, the directors declare a 2% stock dividend distributable on February 28 to the February 15 stockholders of record. The stocks market value is $36 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.)