Last Year Pepe S Tacoshopshowed 850 000 In The Common Stock Account On Thebalanc

Last year Pepe’s Taco Shop showed $850,000 in the common stock account on the Balance Sheet along with $5.95 million in the additional paid-in surplus account. This year the Balance Sheet shows $835,000 and $8.7 million in the same two accounts, respectively. The current Income Statement also reports the company paid out $550,000 in cash dividends and $500,000 in interest. What was the cash flow to stockholders for the year?

A) $2,185,000

B) $285,000

C) $8,985,000

D) $300,000

E) -$2,185,000

Posted in Uncategorized