ACCOUNT Common Stock, $5 par Date Item Jan. 1 Balance, 35,000 shares Apr. 2 8,750 shares issued for cash June 30 1,000-share stock dividend ACCOUNT NO. Balance Debit Credit Debit Credit 175,000 43,750 218,750 5,000 223,750 ACCOUNT Paid-In Capital in Excess of Par-Common Stock Date Item Jan. 1 Balance Apr. 2 8,750 shares issued for cash June 30 Stock dividend ACCOUNT Retained Earnings ACCOUNT NO. Balance Debit Credit Debit Credit 70,000 140,000 210,000 3,800 213,800 ACCOUNT NO. Balance Date Item Debit Credit Debit Credit Jan. 1 Balance 145,000 June 30 Stock dividend 8,800 136,200 Dec. 30 Cash dividend 16,700 119,500 Dec. 31 Net income 104,400 223,900 If an amount is not reported on the statement of cash flows, enter in "0" in the Amount column