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

2016

Jan. 1 Balance, 45,000 shares 900,000

Mar. 7 11,250 shares issued for cash 225,000 1,125,000

June 30 2,000-share stock dividend 40,000 1,165,000

ACCOUNT Paid-In Capital in Excess of Par-Common Stock ACCOUNT NO.

Balance

Date Item Debit Credit Debit Credit

2016

Jan. 1 Balance 90,000

Mar. 7 11,250 shares issued for cash 371,250 461,250

June 30 Stock dividend 30,000 491,250

ACCOUNT Retained Earnings ACCOUNT NO.

Balance

Date Item Debit Credit Debit Credit

2016

Jan. 1 Balance 747,000

June 30 Stock dividend 70,000 677,000

Dec. 30 Cash dividend 85,900 591,100

Dec. 31 Net income 537,800 1,128,900

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

$

Cash dividend

$

Stock dividend

$