What was the cash flow to stockholders for the year

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Reference no: EM131597645

The 2014 balance sheet of Jordan’s Golf Shop, Inc., showed $620,000 in the common stock account and $3.6 million in the additional paid-in surplus account. The 2015 balance sheet showed $660,000 and $4.1 million in the same two accounts, respectively.

If the company paid out $615,000 in cash dividends during 2015, what was the cash flow to stockholders for the year? (Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars, e.g., 1,234,567.)

Reference no: EM131597645

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