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The stockholders equity section of TVX Company on February 4 follows. Common stock$10 par value,...

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Accounting

The stockholders equity section of TVX Company on February 4 follows. Common stock$10 par value, 150,000 shares authorized, 62,000 shares issued and outstanding $ 620,000 Paid-in capital in excess of par value, common stock 428,000 Retained earnings 552,000 Total stockholders equity $ 1,600,000 On February 5, the directors declare a 2% stock dividend distributable on February 28 to the February 15 stockholders of record. The stocks market value is $41 per share on February 5 before the stock dividen

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