The 2014 balance sheet of Tian Tian Tennis Shop, Inc., showed $670,000 in the common
stock account and $401 million in the additional paid-in surplus account. The 2015 balance
sheet showed $825,000 and $4.4 million in the same two accounts, respectively. If the company
paid out $565,000 in cash dividends during 2015, what was the cash flow to stockholders for
the year? 

Prepare the balance sheet of a bank that has $20 million in reserves, $40 million in securities, $130 million in loans, $150 million in deposits, and $40 million in equity capital. If the reserve requirement is 10 percent, what are the bank's excess reserves? Suppose that checks drawn on the bank account total $10 million. Show the revised balance sheet. What are the bank's excess reserves? How much does the bank need to borrow? Suppose that the bank borrows one-half of its reserves deficiency from other commercial banks and a half from the Fed. Now, what does its balance sheet look like?