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At the beginning of the year, the balance sheet of The Outlet showed $4 in the common stock account and $111 million in the additional
At the beginning of the year, the balance sheet of The Outlet showed $4 in the common stock account and $111 million in the additional paid-in surplus account. The end-of-year balance sheet showed $17 and $288 million in the same two accounts, respectively. The company paid out $52 in cash dividends during the year. What is the cash flow to stockholders for the year? Use a negative sign if the cash flow to stockholders was negative.
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