Example: 16 Cash Flow to Creditors A firm has long-term debt of $54,200 as of year end. The beginning long-term debt was $46,900. During the year, the company paid a total of $4,200 in interest. What is the cash flow to creditors? 15 Example: 17 on Cash Flow to Stockholders Sunshine Photos has net income of $68,400 for the year. The dividend payout ratio is 20%. The balance sheet shows an ending common stock balance of $350,000 and an ending paid in surplus balance of $110,000. The beginning common stock balance is $320,000 and the beginning paid in surplus balance is $107,000. What is the cash flow to stockholders