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The stockholders' equity of Whiz.com Company at the beginning of the day on February 5 follows. Common stock-$10 par value, 150,000 shares authorized 58,000 shares

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The stockholders' equity of Whiz.com Company at the beginning of the day on February 5 follows. Common stock-$10 par value, 150,000 shares authorized 58,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings $580,000 525,000 675,000 Total stockholders' equity $1,780,000 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 $45 per share on February 5 before the stock dividend. The stock's market value is $40 per share on February 28 1. Prepare entries to record both the dividend declaration and its distribution. (Omit the "$" sign in your response.) General Journal Debit Date Feb. 5 Credit . Retained earnings (Click to select) Click to select) = - 28 Feb. (Click to select) . (Click to select) Required information [The following information applies to the questions displayed below.] The stockholders' equity of Whiz.com Company at the beginning of the day on February 5 follows. Common stock-$10 par value, 150,000 shares authorized 58,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings $580,000 525,000 675,000 Total stockholders' equity $1780,000 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 $45 per share on February 5 before the stock dividend. The stock's market value is $40 per share on February 28 2. One stockholder owned 600 shares on February 5 before the dividend. Compute the book value per share and total book value of this stockholder's shares immediately before and after the stock dividend of February 5. (Do not round interrhediate calculations. Round book value per share to 2 decimal places and other answers to the nearest dollar amount. Omit the "$" sign in your response.) Before After Book value per share Total book value of shares AA Required information The following information applies to the questions displayed below.) The stockholders' equity of Whiz.com Company at the beginning of the day on February 5 follows. Common stock-$10 par value, 150,000 shares authorized 58,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings $580,000 525,000 675,000 $ 1,780,000 Total stockholders' equity 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 $45 per share on February 5 before the stock dividend. The stock's market value is $40 per share on February 28 3. Compute the total market value of the investor's shares in part 2 as of February 5 and February 28. (Omit the "$" sign in your response.) February 5 February 28 Total market value of shares

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