The stockholders equity of TVX Company at the beginning of the day on February 5 follows. Common stock$25 par value, 150,000 shares authorized, 57,000 shares issued and outstanding $ 1,425,000 Paid-in capital in excess of par value, common stock 423,000 Retained earnings 553,000 Total stockholders equity $ 2,401,000 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 $41 per share on February 5 before the stock dividend. 1. Prepare entries to record both the dividend declaration and its distribution.