12.EX.13-12.ALGO

Reporting Stockholders' Equity Items onStatement of Cash Flows

On the basis of the following stockholders' equity accounts, indicate the items, exclusive of net income, to be reported on the statement of cash flows. There were no unpaid dividends at either the beginning or the end of the year.

12. EX.13-12ALGO (Algorithmic) Reporting Stockholders' Equity Items on Statement of Cash Flows On the basis of the following stockholders' equity accounts, indicate the items, exclusive of net income, to be reported on the statement of cash ows. There were no unpaid dividends at either the beginning or the end of the year. ACCOUNT Common Stock, $10 par ACCOUNT N0. Balance, 55,000 shares 550,000 Apr. 13,750 shares issued for cash 137,500 687,500 June 2,000-share stock dividend 20,000 707,500 ACCOUNT Paid-In Capital in Excess of Par-Common Stock ACCOUNT N0. Balance 110,000 13,750 shares issued for cash 275,000 385,000 June 30 Stock dividend 15,000 400,000 ACCOUNT Retained Earnings ACCOUNT NO. Balance Date Item Debit Credit Debit Credit Jan. 1 Balance 457,000 June 30 Stock dividend 35,000 422,000 Dec. 30 Cash dividend 52,600 369,400 Dec. 31 Net income 329,000 698,400 If an amount is not reported on the statement of cash flows, enter in "0" in the Amount column. Item Section of Statement of Cash Flows Added or Deducted Amount Sale of common stock Cash dividend Stock dividend