Required information [The following information applies to the questions displayed below) The stockholders' equity of TVX Company at the beginning of the day on February 5 follows. Common stock-$10 par value, 150,000 shares authorized, 65,000 shares issued and outstanding Paid in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 650,000 423,000 546,000 $1,619,000 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 $31 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 journal entry worksheet NO Date Credit Debit 40,300 1 Feb 05 General Journal Retained earings Common stock dividend distributable Paid in capital in excess of par value, Common stock 300 2 Feb 28 Common stock dividend distributable Common stock, No Par value