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

Common stock$$$$20$ par value, $150,000$ shares authorized, $64,000$ shares issued and outstanding $ $1,280,000$

Paid$-$in capital in excess of par value, common stock $424,000$

Retained earnings $555,000$

Total stockholders$$ equity $ $2,259,000$

On February $5,$ the directors declare a $2\%$ stock dividend distributable on February $28$ to the February $15$ stockholders of record. The stock$$s market value is $$41$ per share on February $5$ before the stock dividend.