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The december 31 2007 balance sheet of butterfly wings

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The December 31, 2007, balance sheet of Butterfly Wings, Inc.,showed $150,000 in the common stock account and $2.9 million in theadditional paid-in surplus account. The December 31, 2008balance sheet showed $160,000 and $3.2 million in the same twoaccounts, respectively. If the company paid out $70,000 incash dividends during 2008, what was the cash flow to stockholdersfor the year?

Reference no: EM13615736

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