The stockholders' equity of TVX Company at the beginning of the day on February 5 follows.

Common stock?$20 par value, 150,000 shares

authorized, 58,000 shares issued and outstanding $ 1,160,000

Paid-in capital in excess of par value, common stock 427,000

Retained earnings 550,000

Total stockholders' equity $ 2,137,000

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 $31 per share on February 5 before the stock dividend.

Prepare the stockholders' equity section after the stock dividend is distributed. (Assume no other changes to equity.

2. Prepare the stockholders' equity section after the stock dividend is distributed. (Assume no other changes to equity.) Total stockholders' equity