eBook Question Content Area 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 flows. There were no unpaid dividends at either the beginning or the end of the year. ACCOUNT Common Stock, $15 par ACCOUNT NO. Balance Date Item Debit Credit Debit Credit Jan. 1 Balance, 50,000 shares 750,000 Apr. 2 12,500 shares issued for cash 187,500 937,500 June 30 2,000-share stock dividend 30,000 967,500 ACCOUNT Paid-In Capital in Excess of Par-Common Stock ACCOUNT NO. Balance Date Item Debit Credit Debit Credit Jan. 1 Balance 100,000 Apr. 2 12,500 shares issued for cash 325,000 425,000 June 30 Stock dividend 22,500 447,500 ACCOUNT Retained Earnings ACCOUNT NO. Balance Date Item Debit Credit Debit Credit Jan. 1 Balance 623,000 June 30 Stock dividend 52,500 570,500 Dec. 30 Cash dividend 71,600 498,900 Dec. 31 Net income 448,600 947,500 If an amount is not reported on the statement of cash flows, leave the amount box blank. Item Section of Statement of Cash Flows Added or Deducted Amount Sale of common stock $fill in the blank 3 Cash dividend $fill in the blank 6 Stock dividend