[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$10 par value, 150,000 shares authorized, 70,000 shares issued and outstanding	$	700,000
Paid-in capital in excess of par value, common stock		525,000
Retained earnings		675,000
Total stockholders equity	$	1,900,000

On February 5, the directors declare a 14% stock dividend distributable on February 28 to the February 15 stockholders of record. The stocks market value is $40 per share on February 5 before the stock dividend. The stocks market value is $35 per share on February 28.

Record the declaration of 14% stock dividend. For Feb 05

Record the distribution of 14% stock dividend. For Feb 28