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HW Chapter 11 Saved Help Save & Exit Submit Check my work 6 The stockholders' equity of TVX Company at the beginning of the day on February 5 follows. Part 2 of 2 Connon stock-$10 par value, 150,000 shares authorized, 59,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 590,000 426,000 546,000 $1,562,000 points 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 $36 per share on February 5 before the stock dividend. eBook Hint 2. Prepare the stockholders' equity section after the stock dividend is distributed. (Assume no other changes to equity.) Print References TVX COMPANY Stockholders' Equity Section of the Balance Sheet February 28 Common stock PS Retained earnings Paid-in capital in excess of par value, common stock Total stockholders' equity S 601,800 534,200 437,800 1,573,800 Graw