RENDU

In 2018, a company had depreciation expense of $550 and interest expense of $300. Dividends paid during the year were $525 and the addition to retained earnings for the year was $475. At the beginning of the year, long-term debt was $4,500 and owner's equity was $17,000. At the end of the year, long-term debt was $5,000 and owner's equity was $16,500. What is the cash flow to shareholders for 2018?

Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit any commas and the $ sign in your response. For example, an answer of $1,000.50 should be entered as 1000.50.