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What was the cash flow to shareholders for the year

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The 2017 statement of financial position of UNIS LUMIN Inc. showed $570,000 in the common stock account and $2.4 million in the additional retained earnings account. The 2018 statement of financial position showed $610,000 and $2.8 million in the same two accounts, respectively.

Problem 1: If the company paid out $515,000 in cash dividends during 2018, what was the cash flow to shareholders for the year?

Reference no: EM132836739

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