The 2014 balance sheet of Sugarpova’s Tennis Shop, Inc., showed $590,000 in the common stock account and $4.8 million in the additional paid-in surplus account. The 2015 balance sheet showed $630,000 and $5.3 million in the same two accounts, respectively. If the company paid out $600,000 in cash dividends during 2015, what was the cash flow to stockholders for the year?

Volbeat Corp. shows the following information on its 2015 income statement: sales = $264,000; costs = $170,000; other expenses = $7,900; depreciation expense = $14,500; interest expense = $13,300; taxes = $20,405; dividends = $10,000. In addition, you’re told that the firm issued $4,800 in new equity during 2015 and redeemed $3,300 in outstanding long-term debt. a. What is the 2015 operating cash flow? b. What is the 2015 cash flow to creditors? c. What is the 2015 cash flow to stockholders? d. If net fixed assets increased by $28,000 during the year, what was the addition to NWC?