The December 31, 2018, balance sheet of Whelan, Inc., showed $145,000 in the common stock account and $2,700,000 in the additional paid-in surplus account. The December 31, 2019, balance sheet showed $155,000 and $3,000,000 in the same two accounts, respectively. The company paid out $150,000 in cash dividends during 2019. What was the cash flow to stockholders for the year? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole number, e.g., 1,234,567.) Cash flow to stockholders $ 440,000

A cash flow statement (CFS) helps the company to know the amount of cash at its disposal, the activities that lead to earning cash, and the activities which require cash expenditure for a particular period. The statement represents the liquidity of the c…