Required Information Exercise 13-8 Small stock dlvidends LO P2 [The following Information applies to the questions displayed below.) The stockholders' equity of TVX Company at the beginning of the day on February 5 follows. Common stock-$5 par value, 150,900 shares authorized, 56,88e shares issued and outstanding Pald-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 280,ese 428,000 546,000 $1,254,00 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, Exercise 13-8 Part 2 2. Prepare the stockholders' equity section after the stock dividend is distributed. (Assume no other changes to equity) 285.000 TVX COMPANY Stockholders' Equity Section of the Balance Sheet February 28 Common stock 5 Paid in capital in excess of par value common stock Retained earnings Total stockholders equity 285.000