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, $10 par

ACCOUNT NO.

Balance

Date

Item

Debit

Credit

Debit

Credit

2016

Jan.

1

Balance, 40,000 shares

400,000

Mar.

7

10,000 shares issued for cash

100,000

500,000

June

30

2,000-share stock dividend

20,000

520,000

ACCOUNT Paid-In Capital in Excess of Par-Common Stock

ACCOUNT NO.

Balance

Date

Item

Debit

Credit

Debit

Credit

2016

Jan.

1

Balance

120,000

Mar.

7

10,000 shares issued for cash

230,000

350,000

June

30

Stock dividend

15,000

365,000

ACCOUNT Retained Earnings									ACCOUNT NO.
									Balance
Date			Item		Debit		Credit		Debit		Credit
2016
Jan.	1			Balance							332,000
June	30			Stock dividend	35,000						297,000
Dec.	30			Cash dividend	38,200						258,800
Dec.	31			Net income			239,000				497,800

If an amount is not reported on the statement of cash flows, enter in "0" in the Amount column.

Item	Section of Statement of Cash Flows	Added or Deducted	Amount
Sale of common stock	Investing activities section/Financing activities section/Not reported on statement of cash flows/Operating activities section	Added/Deducted/Not applicable	$
Cash dividend			$
Stock dividend			$