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, 67,000 shares issues and outstanding	670,000
Paid-in capital in excess of par value, common stock	525,000
Retained Earnings	675,000
Total Stockholders' Equity	1,870,000

On February 5, the directors declare a 12% stock dividend distributable on February 28 to the February 15 stockholders of record. The stock's market value is $39 per share on February 5 before the stock dividend. The stock's market value is $35.00 per share on February 28.

1. Prepare entries to record the dividend declaration and its distribution.

2. One stockholder owned 800 shares on February 5 before the dividend. Compute the book value per share and total book value of this stockholder's shares immediately before and after the stock dividend of February 5.

3. Compute the total market value of the investor's shares in part 2 as of February 5 and February 28.

Feb 5	Retained Earnings
	Common stock dividend distributable
	Paid in capital in excess of par value, common stock
	Declared 12% stock dividend
Feb 28	Common stock dividend distributable
	Common stock
	Distributed common stock dividend declared on Feb 5

2.) One stockholder owned 550 shares on February 5 before the dividend. Compute the book value per share and total book value of this stockholders shares immediately before and after the stock dividend of February 5. (Round your "Book value per share" answers to 3 decimal places.)

3.) Compute the total market value of the investors shares in part 2 as of February 5 and February 28.