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Required information [The following information applies to the questions displayed below.] The stockholders' equity of TV company at the beginning of the day on February

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Required information [The following information applies to the questions displayed below.] The stockholders' equity of TV company at the beginning of the day on February 5 follows. Common stock-520 par value, 150,000 shares authorized, 62,eee shares issued and outstanding Paid in capital in excess of par value, common stock Retained earnings Total stockholders' equity $1,24e, eee 423,888 554.ee $2,217, eee 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. 2. Prepare the stockholders' equity section after the stock dividend is distributed (Assume no other changes to equity) TVX COMPANY Stockholders' Equity Section of the Balance Sheet February 28 Total stockholders equity

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