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-$20 par value, 150,000 shares authorized, 75,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $1,500,000 525,000 675,000 $2,700,000 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 $46 per share on February 5 before the stock dividend. The stock's market value is $40 per share on February 28. 1. Prepare entries to record both the dividend declaration and its distribution. 1. Prepare entries to record both the dividend declaration and its distribution. of 3 View transaction list Journal entry worksheet