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?

Please do not round intermediate calculations. Round the final answer to 2 decimal places.

Please show all your steps that you take to resolve this. Please be very clear, so that I understand what steps you take. If typing, please bold your responses per step. Make sure to follow all rounding instructions.