Following information is for solving questions in this section below. The 2020 and 2021 statements of financial position of Elizabeth's Bicycle Shop Inc. showed the following

	As of December 31, 2020	As of December 31, 2021
Long Term Debt	1,600,000	1,750,000
Common Stock	855,000	915,000
Accumulated Retained Earnings	5,200,000	5,500,000
Interest Paid in 2021		160,000
Dividends Paid in 2021		465,000
Net Capital Spending in 2021		1,450,000
Reduction in Net Working Capital in 2021		55,000

What was the cash flow to shareholders for the year 2021?

a. 365,000

b. 300,000

c. 490,000

d. 405,000

e. 455,000