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, 62,000 shares issued and outstanding Paid in capital in excess of par value, conton stock Retained earnings Total stockholders' equity $1,240,000 423.000 554,600 $2,217.000 On February 5, the directors declare a 2% stock dividend distributable on February 28 to the February 15 stockholders of secord. The stock 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 ist Journal entry worksheet 1 2 Record the declaration of a 24 stock dividend