Part A:

Part B:

At the beginning of the year, Vendors, Inc., had owners' equity of $51,215. During the year, net income was $7,375 and the company paid dividends of $4,915. The company also repurchased $9,365 in equity. What was the cash flow to stockholders for the year? Multiple Choice -$14,280 -$4.450 $14,280 $11,825 $4,450