What was the cash flow to stockholders for the year

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Reference no: EM13911331

The December 31, 2013, balance sheet of Schism, Inc., showed $120,000 in the common stock account and $2,120,000 in the additional paid-in surplus account. The December 31, 2014, balance sheet showed $135,000 and $2,380,000 in the same two accounts, respectively. If the company paid out $135,000 in cash dividends during 2014. (Enter your answer as directed, but do not round intermediate calculations.)

Required:

What was the cash flow to stockholders for the year? (Negative amount should be indicated by a minus sign.)

Reference no: EM13911331

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