Matsumara Fishworks has the following Income statement and balance sheet for 1957. The firm paid out 50% of it's Net Income as Dividends. What is the firms Cash Flow to Equity Holders?

(Round to nearest penny and do not enter commas, e.g. 1234.56)

1957 Income Statement

Revenue	239306
Costs	59237
Depreciation	15278
Ebit
Interest Expense	11318
Taxable Income
Tax Expense @ 22%
Net Income

1957 Balance Sheet

Year	1956	1957		1956	1957
Current Assets	19892	18896	Current Liabilities	14336	13294
Fixed Assets	149327	172691	Long-Term Debt	146041	141492
			Common Stock	39362	36922