The 2014 balance sheet of Jordans Golf Shop, Inc., showed $510,000 in the common stock...
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Accounting
The 2014 balance sheet of Jordans Golf Shop, Inc., showed $510,000 in the common stock account and $3.6 million in the additional paid-in surplus account. The 2015 balance sheet showed $545,000 and $3.85 million in the same two accounts, respectively. If the company paid out $275,000 in cash dividends during 2015, what was the cash flow to stockholders for the year?
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