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The stockholders' equity of TVX Company at the beginning of the day on February 5 follows.Common stock - $ 1 5 par value, 1 5

The stockholders' equity of TVX Company at the beginning of the day on February 5 follows.Common stock-$15 par value, 150,000 shares authorized,57,000 shares issued and outstandingPaid-in capital in excess of par value, common stock Retained earningsTotal stockholders' equity$855,000421,000548,000$1,824,000On 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 $41 per share on February 5 before the stock dividend.Exercise 11-8 Part 22. Prepare the stockholders' equity section after the stock dividend is distributed. (Assume no other changes to equity.)TVX COMPANYStockholders' Equity Section of the Balance SheetFebruary 28+Common stockPaid-in capital in excess of par value, common stockRetained earningsTotal stockholders' equity$

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