The 2019 statement of financial position of Roger’s Tennis Shop Inc. showed $490,000 in the common stock account and $2.2 million in the additional retained earnings account. The 2020 statement of financial position showed $530,000 and $2.4 million in the same two accounts, respectively. If the company paid out $300,000 in cash dividends during 2020, what was the cash flow to shareholders for the year?
