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Required Information [The following information applies to the questions displayed below.] The stockholders' equity of Whiz.com Company at the beginning of the day on February
Required Information [The following information applies to the questions displayed below.] The stockholders' equity of Whiz.com Company at the beginning of the day on February 5 follows. Common stock-$15 par value, 150,000 shares authorized, 58,000 shares issued and outstanding $ 870,000 Pald-in capital in excess of par value, common stock 525.000 Retained earnings 675,000 Total stockholders' equity $2,070,000 On February 5, the directors declare a 16% stock dividend distributable on February 28 to the February 15 stockholders of record. The stock's market value is $58 per share on February 5 before the stock dividend. The stock's market value is $50 per share on February 28. 3. Compute the total market value of the investor's shares in part 2 as of February 5 and February 28. (Omit the "$" sign in your response.) February 5 February 28 Total market value of shares
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