Question: Problem 2-12 Cash Flow to Shareholders (LO3) The 2019 statement of financial position of Roger's Tennis Shop Inc. showed $500,000 in the common stock account
Problem 2-12 Cash Flow to Shareholders (LO3) The 2019 statement of financial position of Roger's Tennis Shop Inc. showed $500,000 in the common stock account and $3.3 mililion in the additional retained earnings account. The 2020 statement of financial position showed $540,000 and $3.5 million in the same two accounts, respectively. If the company paid out $305,000 in cash dividends during 2020, what was the cash flow to shareholders for the year? (Enter the answer in doliars, not millions of dollars, l.e. 1,234,567, Omit \$ sign in your response.) Cash flow to shareholders s
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