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

Jan.

1

Balance, 45,000 shares

450,000

Apr.

2

11,250 shares issued for cash

112,500

562,500

June

30

2,000-share stock dividend

20,000

582,500

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

ACCOUNT NO.

Balance

Date

Item

Debit

Credit

Debit

Credit

Jan.

1

Balance

135,000

Apr.

2

11,250 shares issued for cash

247,500

382,500

June

30

Stock dividend

15,000

397,500

ACCOUNT Retained Earnings

ACCOUNT NO.

Balance

Date

Item

Debit

Credit

Debit

Credit

Jan.

1

Balance

374,000

June

30

Stock dividend

35,000

339,000

Dec.

30

Cash dividend

43,000

296,000

Dec.

31

Net income

269,300

565,300

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	Financing activities section	Added	$
Cash dividend	Financing activities section	Deducted	$
Stock dividend	Not reported on statement of cash flows	Not applicable	$