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The 2017 statement of financial position of Rogers Tennis Shop Inc. showed $740,000 in the common stock account and $5.2 million in the additional retained

The 2017 statement of financial position of Rogers Tennis Shop Inc. showed $740,000 in the common stock account and $5.2 million in the additional retained earnings account. The 2018 statement of financial position showed $815,000 and $5.5 million in the same two accounts, respectively.

If the company paid out $490,000 in cash dividends during 2018, what was the cash flow to shareholders for the year? (Enter your answer in thousands of dollars. Omit $ sign in your response.)

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The 2017 statement of financial position of Roger's Tennis Shop Inc. showed $740,000 in the common stock account and $5.2 million in the additional retained earnings account. The 2018 statement of financial position showed $815,000 and $5.5 million in the same two accounts, respectively. If the company paid out $490,000 in cash dividends during 2018, what was the cash flow to shareholders for the year? (Enter your answer in thousands of dollars. Omit $ sign in your response.) Cash flow to shareholders $ 565000

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