Question
The December 31, 2018, balance sheet of Whelan, Inc., showed $138,000 in the common stock account and $2,630,000 in the additional paid-in surplus account. The
The December 31, 2018, balance sheet of Whelan, Inc., showed $138,000 in the common stock account and $2,630,000 in the additional paid-in surplus account. The December 31, 2019, balance sheet showed $148,000 and $2,930,000 in the same two accounts, respectively. The company paid out $143,000 in cash dividends during 2019. |
What was the cash flow to stockholders for the year? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole number, e.g., 1,234,567.) |
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