[The following information applies to the questions displayed below.] The stockholders equity section of TVX Company on February 4 follows.

Common stock$25 par value, 150,000 shares authorized, 56,000 shares issued and outstanding	$	1,400,000
Paid-in capital in excess of par value, common stock		424,000
Retained earnings		554,000
Total stockholders equity	$	2,378,000

On February 5, the directors declare a 2% stock dividend distributable on February 28 to the February 15 stockholders of record. The stocks market value is $36 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.)