*Problem 13-2A The following account balances relate to the stockholders' equity accounts of Kerbs Corp. at year-end. 2020 2019 Common stock, 10,500 and 10,000 shares, respectively, for 2020 and 2019 Preferred stock, 5,000 shares Retained earnings $161,200 165,200 303,600 $130,800 165,200 251,300 A small stock dividend was declared and issued in 2020. The result of the stock dividend was to decrease retained earnings by $10,500 and increase common stock by $10,500. Cash dividends were $15,500 in both 2020 and 2019. The common stock has no par or stated value. What was the amount of net income reported by Kerbs Corp. in 2020? Net income $ Determine the amounts of any cash inflows or outflows related to the common stock and dividend accounts in 2020. Common stock $ Dividends Indicate where each of the cash inflows or outflows identified in (b) would be classified on the statement of cash flows. Common stock Dividends