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show steps A company's 2020 statement of comprehensive income showed depreciation expense of $500,000 and interest expense of $250,000. The addition to retained earnings for

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A company's 2020 statement of comprehensive income showed depreciation expense of $500,000 and interest expense of $250,000. The addition to retained earnings for the year was $425,000 and dividends paid during the year were $475,000. At the beginning of the year, the company's long-term debt was $4,000,000 and owner's equity was $16,500,000. At the end of the year, the company's long-term debt was $3,500,000 and owner's equity was $16,000,000. What is this company's cash flow to creditors for 2020? Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit any commas and the S sign in your response. For example, an answer of $1,000,50 should be entered as 1000.50

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