A company uses the indirect method to prepare the statement of cash flows. The board of directors declared $165,000 in common stock dividends during the year. At the beginning of the year, there were $ 48,000 in diviadends payble on common stock; and $44,000 dividends payable at the end of the year. What was the amount of cash paid for dividends during the year? Where will this amount appear on the statement of cash flows? How would the amount appear if the company uses the direct method to prepare the statement