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, 45,000 shares

900,000

Apr.

2

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

Jan.

1

Balance

180,000

Apr.

2

11,250 shares issued for cash

360,000

540,000

June

30

Stock dividend

30,000

570,000

ACCOUNT Retained Earnings

ACCOUNT NO.

Balance

Date

Item

Debit

Credit

Debit

Credit

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			$