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Scrugg and Kofi Inc. has net income of $581,470. the firm pays out 40 percent of the net income to its shareholders as dividends. During

Scrugg and Kofi Inc. has net income of $581,470. the firm pays out 40 percent of the net income to its shareholders as dividends. During the year, the company sold $109,682 worth of common stock. What is the cash flow to the stockholders?

$458,564

$342,270

$239,200

$109,682

$122,906

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