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The December 31, 2013, balance sheet of Schism, Inc., showed $145,000 in the common stock account and $2,700,000 in the additional paid-in surplus account. The
The December 31, 2013, balance sheet of Schism, Inc., showed $145,000 in the common stock account and $2,700,000 in the additional paid-in surplus account. The December 31, 2014, balance sheet showed $155,000 and $3,000,000 in the same two accounts, respectively. If the company paid out $150,000 in cash dividends during 2014. What was the cash flow to stockholders for the year?
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