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.

Balance

Date

Item

Debit

Credit

Debit

Credit

Jan.

1

Balance, 55,000 shares

1,100,000

Apr.

2

13,750 shares issued for cash

275,000

1,375,000

June

30

2,000-share stock dividend

40,000

1,415,000

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

ACCOUNT NO.

Balance

Date

Item

Debit

Credit

Debit

Credit

Jan.

1

Balance

110,000

Apr.

2

13,750 shares issued for cash

426,250

536,250

June

30

Stock dividend

30,000

566,250

ACCOUNT Retained Earnings

ACCOUNT NO.

Balance

Date

Item

Debit

Credit

Debit

Credit

Jan.

1

Balance

913,000

June

30

Stock dividend

70,000

843,000

Dec.

30

Cash dividend

105,000

738,000

Dec.

31

Net income

657,400

1,395,400

If an amount is not reported on the statement of cash flows, leave the amount box blank.