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, 60,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity 600,000 425,000 550,000 $1,575,000 On February 5, the directors declare a 20% stock dividend distributable on February 28 to the February 15 stockholders of record. The stock's market value is $40 per share on February 5 before the stock dividend. 1. Prepare entries to record both the dividend declaration and its distribution. 2 > Record the declaration of a 20% stock dividend. Note: Enter debits before credits. Date General Journal Debit Credit Feb 05 Record the distribution of a 20% stock dividend. Note: Enter debits before credits. Date General Journal Debit Credit Feb 28 Building Cash Common dividend payable Common stock dividend distributable Common stock, $0.50 par value Common stock, $1 par value Common stock, $1 stated value Common stock, $10 par value Common stock, $8 stated value 2 Common stock, No-Par value Contributed capital, Treasury stock Income summary 1 Inventory Land Machinery Machinery Note payable Organization expenses Paid-in capital in excess of par value, Common stock Paid-in capital in excess of par value, Preferred stock Paid-in capital in excess of stated value, Common stock