[The following information applies to the questions displayed below] The stockholders' equity section of TVX Company on February 4 follows. On February 5 , the directors declare a 2% stock dividend distributable on February 28 to the February 15 stockhoiders of record. The stock's market value is $36 per share on February 5 before the stock dividend. Exercise 1110 (Algo) Part 1 1. Prepare entries to record both the dividend declaration and its distribution. [The following information applies to the questions displayed below] The stockholders' equity section of TV Company on February 4 follows. 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 $36 per share on February 5 before the stock dividend. Exercise 1110( Algo) Part 1 1. Prepare entries to record both the dividend declaration and its distribution