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, $5 par ACCOUNT NO. Balance Date Item Debit Credit Debit Credit Jan. 1 Balance, 60,000 shares 300,000 Apr. 2. 15,000 shares issued for cash 75,000 375,000 June 30 2,000-share stock dividend 10,000 385,000 ACCOUNT Paid-In Capital in Excess of Par-Common Stock ACCOUNT NO. Balance Date Item Debit Credit Debit Credit Jan. 1 Balance 120,000 Apr. 2 15,000 shares issued for cash 285,000 405,000 June 30 Stock dividend 7,500 412,500 ACCOUNT Retained Earnings ACCOUNT NO. Balance Date Item Debit Credit Debit Credit 249,000 Jan 1 Balance 17.500 231,500 June Stock dividend 30 202.900 Dec. 30 28,600 Cash dividend Previous Next ACCOUNT Retained Earnings ACCOUNT NO. Balance Date Item Debit Credit Debit Credit Jan. 1 Balance June 249,000 30 Stock dividend 17,500 Dec. 231,500 30 Cash dividend 28,600 202,900 Dec. 31 Net income 179,300 382,200 If an amount is not reported on the statement of cash flows, enter in "o" in the Amount column. Item Section of Statement of Cash Flows Added or Deducted Sale of common stock Amount Financing activities section Added - Cash dividend Financing activities section Deducted Stock dividend Not reported on statement of cash flows Not applicable Feedback