=+EX 16-12 Reporting stockholders’ equity items on statement of cash flows obj. 2 ACCOUNT Common Stock, $10 par ACCOUNT NO.

Balance Date Item Debit Credit Debit Credit 2010 Balance, 60,000 shares 15,000 shares issued for cash 2,200-share stock dividend 1

11 30 Jan.

Feb.

June 1,200,000 1,500,000 1,544,000 300,000 44,000 ACCOUNT Paid-In Capital in Excess of Par––Common Stock ACCOUNT NO.

Balance