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, $15 par

ACCOUNT NO.

Balance

Date

Item

Debit

Credit

Debit

Credit

2016

Jan.

1

Balance, 40,000 shares

600,000

Mar.

7

10,000 shares issued for cash

150,000

750,000

June

30

2,000-share stock dividend

30,000

780,000

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

ACCOUNT NO.

Balance

Date

Item

Debit

Credit

Debit

Credit

2016

Jan.

1

Balance

160,000

Mar.

7

10,000 shares issued for cash

270,000

430,000

June

30

Stock dividend

22,500

452,500

ACCOUNT Retained Earnings									ACCOUNT NO.
									Balance
Date			Item		Debit		Credit		Debit		Credit
2016
Jan.	1			Balance							498,000
June	30			Stock dividend	52,500						445,500
Dec.	30			Cash dividend	57,300						388,200
Dec.	31			Net income			358,600				746,800

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			$
Cash dividend			$
Stock dividend			$