Reporting Stockholders' Equity Items onStatement 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.

ACCOUNTCommon Stock, $10 par

ACCOUNT NO.

Balance

Date

Item

Debit

Credit

Debit

Credit

2016

Jan.

1

Balance, 50,000 shares

500,000

Mar.

7

12,500 shares issued for cash

125,000

625,000

June

30

2,000-share stock dividend

20,000

645,000

ACCOUNTPaid-In Capital in Excess of Par-Common Stock

ACCOUNT NO.

Balance

Date

Item

Debit

Credit

Debit

Credit

2016

Jan.

1

Balance

100,000

Mar.

7

12,500 shares issued for cash

287,500

387,500

June

30

Stock dividend

15,000

402,500

ACCOUNTRetained Earnings	ACCOUNT NO.
				Balance
Date	Item	Debit	Credit	Debit	Credit
2016
Jan.	1			Balance					415,000
June	30			Stock dividend	35,000						380,000
Dec.	30			Cash dividend	47,700						332,300
Dec.	31			Net income		298,800				631,100

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	$