Required information (The following information applies to the questions displayed below.) The stockholders' equity section of TVX Company on February 4 follows. Common stock-$10 par value, 150,000 shares authorized, 63,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 630,000 424,000 554,000 $ 1,608,000 stockholders of On February 5, the directors declare a 2% stock dividend distributable on February to the February 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 Journal entry worksheet