The 2020 balance sheet of Osaka's Tennis Shop, Inc., showed $780,000 in the common stock account...
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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 2021 balance sheet showed $965,000 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? nput area: Dec. 31, 2020 Common stock $780,000 Dec. 31, 2020 Additional paid-in surplus $4,780,000 Dec. 31, 2021 Common stock $965,000 Dec. 31, 2021 Additional paid-in surplus $5,040,000 $654,000 Cash dividends Use cells A6 to B10 from the given information to complete this question.) Output area: Beginning equity Ending equity Cash flow to stockholders $4,965,000 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 $654,000 in cash dividends during 2021, what was the cash flow to stockholders for the year? nput area: Dec. 31, 2020 Common stock $780,000 Dec. 31, 2020 Additional paid-in surplus $4,780,000 Dec. 31, 2021 Common stock $965,000 Dec. 31, 2021 Additional paid-in surplus $5,040,000 $654,000 Cash dividends Use cells A6 to B10 from the given information to complete this question.) Output area: Beginning equity Ending equity Cash flow to stockholders $4,965,000
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