The December 31, 2013, balance sheet of Schism, Inc., showed $153,000 in the common stock account and $2,780,000 in the additional paid-in surplus account. The December 31, 2014, balance sheet showed $163,000 and $3,080,000 in the same two accounts, respectively. If the company paid out $158,000 in cash dividends during 2014,
Required:
Question 1: What was the cash flow to stockholders for the year? Elucidate comprehensively as well as show all workings.