Question: Problem 2 - 1 2 Cash Flow to Shareholders ( LO 3 ) The 2 0 1 9 statement of financial position of Roger's Tennis

Problem 2-12 Cash Flow to Shareholders (LO3)
The 2019 statement of financial position of Roger's Tennis Shop Inc. showed $570,000 in the common stock account and $2.4 million in the additional retained earnings account. The 2020 statement of financial position showed $610,000 and $2.8 million in the same two accounts, respectively.
If the company paid out $515,000 in cash dividends during 2020, what was the cash flow to shareholders for the year? (Enter the answer in dollars, not millions of dollars, i.e.1,234,567. Omit $ sign in your response.)
Cash flow to shareholders
$
 Problem 2-12 Cash Flow to Shareholders (LO3) The 2019 statement of

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