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, $20 par ACCOUNT NO. Date Item Jan. 1 Balance, 40,000 shares Apr. 2 10,000 shares issued for cash June 30 2,000-share stock dividend Balance Debit Credit Debit Credit 800,000 200,000 1,000,000 40,000 1,040,000 ACCOUNT Paid-In Capital in Excess of Par-Common Stock Date Item Jan. 1 Balance Apr. 2 10,000 shares issued for cash June 30 Stock dividend ACCOUNT NO. Balance Debit Credit Debit Credit 120,000 280,000 400,000 30,000 430,000 ACCOUNT Retained Earnings ACCOUNT NO. Balance Date Item Debit Credit Debit Jan. 1 Balance June 30 Stock dividend 70,000 Dec. 30 Cash dividend 76,400 Dec. 31 Net income 478,100 If an amount is not reported on the statement of cash flows, leave the amount box blank. Section of Statement of Cash Flows Item Sale of common stock Cash dividend Stock dividend Credit 664,000 594,000 517,600 995,700 Added or Deducted Amount