The stockholders equity section of TVX Company on February 4 follows.

Common stock$15 par value, 150,000 shares authorized, 61,000 shares issued and outstanding$ 915,000Paid-in capital in excess of par value, common stock422,000Retained earnings548,000Total stockholders equity$ 1,885,000

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 $36 per share on February 5 before the stock dividend.

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