! Required information The following information applies to the questions displayed below! The stockholders equity section of iVx Company on February 4 follows. Common stock-$25 par value, 150,000 shares authorized, 64,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders equity $1,600,000 421,000 547,000 $2,568,000 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 1. Prepare entries to record both the dividend declaration and its distribution View transaction list View joumal entry worksheet No Date Feb 05 Debit Credit 1 General Journal Retained earings Common stock dividend distributable Paid in capital in excess of par value, Common stock