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The 2020 balance sheet of Osaka's Tennis Shop, Inc., showed $780,000 in the common stock account and $4.78 million in the additional paid-in surplus account.

The 2020 balance sheet of Osaka's Tennis Shop, Inc., showed $780,000 in the common stock account and $4.78 million in the additional paid-in surplus account. The 2021 balance sheet showed \$965,0 and $5.04 million in the same two accounts, respectively . If the company paid out $ 654, 000 in cash dividends during 2021, what was the cash flow to stockholders for the year? image text in transcribed
1 The 2020 balance sheet of Osaka's Tennis Shop, Inc., showed $780,000 in the common stock account and $4.78 million in the additional paid-in surplus account. The 2021 balance sheet showed $965,000 and $5.04 million in the same two accounts, respectively. If the company paid out 2 $654,000 in cash dividends during 2021, what was the cash flow to stockholders for the year? 3 5 4 Input area: 5 6 Dec 31, 2020 Common stock $780,000 7 Dec. 31, 2020 Additional paid-in surplus $4,780,000 8 Dec 31, 2021 Common stock $965,000 Dec. 31, 2021 Additional paid-in surplus $5,040,000 10 Cash dividends $654,000 11 12 (Use cells A6 to B10 from the given information to complete this question.) 13 14 Output area: 15 16 Beginning equity 17 Ending equity 18 Cash flow to stockholders $209,000 19 20 21 Graded Worksheet + Calculation Mode Automatid Workbook Statistics

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