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, $5 par Date January 1 April 2 June 30 Date January 1 April 2 June 30 Item Balance, 40,000 shares 10,000 shares issued for cash 2,000-share stock dividend Date Item ACCOUNT Pald-In Capital in Excess of Par-Common Stockr ACCOUNT NO. Balance Debit Balance 10,000 shares issued for cash Stock dividend ACCOUNT Retained Earnings Item Debit ACCOUNT NO. Balance Debit Debit Credit Debit 50,000 10,000 Credit 180,000 7,500 ACCOUNT NO. Credit Balance Credit Balance Debit 200,000 250,000 260,000 Balance Credit 160,000 340,000 347,500 Balance Credit

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, $5 par ACCOUNT NO. Balance Balance Date Item Debit Credit Debit Credit January 1 Belance, 40,000 shares 200,000 April 2 10,000 shares issued for cash June 30 2,000-share stock dividend 50,000 10,000 250,000 260,000 ACCOUNT Paid-In Capital in Excess of Par-Common Stockr ACCOUNT NO. Date Item January 1 Balance April 21 10,000 shares issued for cash June 30 Stock dividend ACCOUNT Retained Earnings Date Debit Credit Balance Balance Debit Credit 160,000 180,000 340,000 7,500 347,500 ACCOUNT NO. Item Credit Debit Balance Debit Balance Credit