What was the cash flow to stockholders for year

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Reference no: EM132031868

The 2008 balance sheet of Maria's Tennis Shop, Inc., showed $870,000 in the common stock account and $6.55 million in the additional paid-in surplus account. The 2009 balance sheet showed $915,000 and $7.75 million in the same two accounts, respectively. If the company paid out $560,000 in cash dividends during 2009, What was the cash flow to stockholders for the year?

Reference no: EM132031868

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