1. Kendall Corners Inc. recently reported net income of $3.2 million and depreciation of $400,000. What was its net cash flow? Assume it had no amortization expense. Enter your answer in dollars. For example, an answer of $1.2 million should be entered as 1,200,000. Round you answer to the nearest dollar.

2. In its most recent financial statements, Del-Castillo Inc. reported $25 million of net income and $830 million of retained earnings. The previous retained earnings were $815 million. How much in dividends did the firm pay to shareholders during the year? Enter your answer in dollars. For example, an answer of $1.2 million should be entered as 1,200,000. Round your answer to the nearest dollar.