Required information Exercise 11-10 (Static) Small stock dividend LO P2 [The following information applies to the questions displayed below) The stockholders' equity section of TVX Company on February 4 follows. Common stock-$10 par value, 150,000 shares authorized, 60,000 shares issued and outstanding $ 600,000 Poid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 1,575,000 On February 5, the directors declare a 20% stock dividend distributable on February 28 to the February 15 stockholders of record. The stock's market value is $40 per share on February 5 before the stock dividend 425,000 550.000 Exercise 11-10 (Static) Part 1 1. Prepare entries to record both the dividend declaration and its distribution View transaction list Journal entry worksheet