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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

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, $40 parACCOUNT NO.BalanceDateItemDebitCreditDebitCreditJan.1Balance, 120,000 shares4,800,000Apr.230,000 shares issued for cash1,200,0006,000,000June304,400-share stock dividend176,0006,176,000

ACCOUNTPaid-In Capital in Excess of Par-Common StockACCOUNT NO.BalanceDateItemDebitCreditDebitCreditJan.1Balance360,000Apr.230,000 shares issued for cash720,0001,080,000June30Stock dividend114,4001,194,400

ACCOUNTRetained EarningsACCOUNT NO.BalanceDateItemDebitCreditDebitCreditJan.1Balance2,000,000June30Stock dividend290,4001,709,600Dec.30Cash dividend463,2001,246,400Dec.31Net income1,440,0002,686,400

If an amount is not reported on the statement of cash flows, enter in "0" in the Amount column.

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