14. Cash dividends paid on capital stock would be reported in the statement of cash flows in a separate schedule the cash flows from investing activities section the cash flows from financing activities section the cash flows from operating activities section 15. Cash dividends of $45,000 were declared during the year. Cash dividends payable were $10,000 at the beginning of the year and $15,000 at the end of the year. The amount of cash for the payment of dividends during the year is

a. $55,000 b. $35,000 c. $40,000 d. $50,000 16. The current period statement of cash flows includes the following:

Cash balance at the beginning of the period $310,000 Net cash flow from operating activities 185,000 Net cash flow used for investing activities 43,000 Net cash flow used for financing activities 97,000

The cash balance at the end of the period is a. $45,000 b. $125,000 c. $635,000 d. $355,000