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Business, 22.10.2020 16:01 kailey96

The 2017 balance sheet of Kerber’s Tennis Shop, Inc., showed $500,000 in the common stock account and $3.3 million in the additional paid-in surplus account. The 2018 balance sheet showed $540,000 and $3.5 million in the same two accounts, respectively. If the company paid out $305,000 in cash dividends during 2018, what was the cash flow to stockholders for the year? (Enter your answer in dollars, not millions of dollars, e. g., 1,234,567.)

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The 2017 balance sheet of Kerber’s Tennis Shop, Inc., showed $500,000 in the common stock account an...
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