***Please complete the "Total market value of shares for Feb 5thand Feb 28th

[The followinginformation applies to the questions displayed below.]

The stockholders’equity of TVX Company at the beginning of the day on February 5follows:

Common stock—$15 par value, 150,000 shares authorized, 71,000 shares issued and outstanding	$	1,065,000
Paid-in capitalin excess of par value, common stock		525,000
Retainedearnings		675,000
Totalstockholders’ equity	$	2,265,000

On February 5, thedirectors declare a 16% stock dividend distributable on February 28to the February 15 stockholders of record. The stock’s market valueis $41 per share on February 5 before the stock dividend. Thestock’s market value is $35 per share on February 28

1.Prepare entries to record both the dividend declaration and itsdistribution.

No.	Date	General Journal	Debit
1	Feb 05	Retained earning
2	Feb 28	Common stock dividend distributable

2.One stockholder owned 750 shares on February 5 before the dividend.Compute the book value per share and total book value of thisstockholder’s shares immediately before and after the stockdividend of February 5. (Round your "Book value per share"answers to 3 decimal places.)

	Before	After
Book Value per share

On February 5, thedirectors declare a 16% stock dividend distributable on February 28to the February 15 stockholders of record. The stock’s market valueis $41 per share on February 5 before the stock dividend. Thestock’s market value is $35 per share on February 28.

3.Compute the total market value of the investor’s shares in part 2as of February 5 and February 28.

	February 5	February 28
Total Market value of shares

Please complete the "Total market value of shares for Feb 5thand Feb 28th