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, 61,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $1,525,000 426,000 550,000 $2,501,000 On February 5, the directors declare a 2% stock dividend distributable on February 28 to the February 15 stockholders o record. The stock's market value is $36 per share on February 5 before the stock dividend. Exercise 13-8 Part 1 1. Prepare entries to record both the dividend declaration and its distribution View transaction list Journal entry worksheet