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7. During the year, Lasko's repaid $12,500 in long-term debt, borrowed $8,400, paid $611 in interest and $740 in dividends, and had an operating cash

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7. During the year, Lasko's repaid $12,500 in long-term debt, borrowed $8,400, paid $611 in interest and $740 in dividends, and had an operating cash ow of $16,207. The rm acquired $33,500 in new xed assets and sold $8,400 of old assets. Net working capital declined by $1,592 during the year. What is the annual cash ow to stockholders? A) $1,200 B) $2,590 C) $8,828 D) $12,012 E) $2,800

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