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5 Part2012 Required Information [The following information applies to the questions displayed below.] Part 2 of 2 The stockholders' equity of TVX Company at the beginning of the day on February 5 follows. 3.63 points Common stock-$10 par value, 150,000 shares authorized, 6e,eee shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 600, see 423,000 547, see $1,570, ee eBook 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. Hint Print 2. Prepare the stockholders' equity section after the stock dividend is distributed. (Assume no other changes to equity.) References TVX COMPANY Stockholders' Equity Section of the Balance Sheet February 28 Retained earnings PS Paid-in capital in excess of par value, common stock Common stock Total stockholders' equity S 43,200 12,000 31,200 86,400

Answer 1

Common stock	$612,000
Paid in capital in excess of par, common stock	$454,200
Retained earnings	$503,800
Total stockholders equity	$1,570,000