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the basis of the following stockholders equty accounts, indicate the tems, exdusive of net income, ta be reported on the statement of cash flows. There were no unpald dvidends at either the beginning or the end of the year ACCOUNT Common Stock, $40 par ACCOUNT NO. Balance Item Debit Credit Debit Credit Date Jan. p Balance, 120,000 shares 4,800,000 30,000 shares issued for cash 1,200,000 ure30 400-hare stodk davidend 176,000 6,176,000 ACCOUNT Paid-In Capital in Excess of Par Common Stock ACCOUNT NO. Balance Date Jan. 1 Balance Apr 2 30,000 shares issued for cash June 30 Stock dividend Item Debit Credit Debit Credit 350,000 1,080,000 1,194,400 720,000 114,400 ACCOUNT Retained Earnings ACCOUNT NO. Balance Debit Credit DebitCredit Date 2,000,000 1,709,600 1-246,400 an Balance ure 30 Stock dividend 290,400 30 Cish dividerd Dectvet income 1,440,000 If an amount is sat reported on the statement of cash flows, enter in o in the Amouot column. ltem Section of Statement of Cash Flows Added or Deducted Amoust Sale of common stack Cash didend Stock dvidend

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