22. value: 3.33 points The accountant for Mandarin Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is available: $849,000 Retained earnings balance at the beginning of the year Net income for the year Cash dividends declared for the year Retained earnings balance at the end of the $245,000 $45,000 $1,097,000 year $10,600 Cash dividends payable at the beginning of the year Cash dividends payable at the end of the year $11,900 What is the amount of cash dividends paid that should be reported in the financing section of the statement of cash flows? $45,000. $46,300. O $67,500. O $1,300. $43,700