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P2-12 Cash Flow to Stockholders (L04] 9 1 points The 2008 balance sheet of Maria's Tennis Shop, Inc., showed $850,000 in the common stock account
P2-12 Cash Flow to Stockholders (L04] 9 1 points The 2008 balance sheet of Maria's Tennis Shop, Inc., showed $850,000 in the common stock account and $6.85 million in the additional paid-in surplus account. The 2009 balance sheet showed $905,000 and $7.75 million in the same two accounts, respectively. If the company paid out $560,000 in cash dividends during 2009, What was the cash flow to stockholders for the year? eBook Multiple Choice References O $290,000 $395,000 $8,095,000 $-395,000 O $345,000
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