Assume the following data: Cash dividends declared during the year: $60,000 Beginning dividends payable: $20,000 Ending dividends payable : $25,000 How much cash was paid for dividends during the year? O $80,000 o $55,000 o $105,000 o $65,000 For accounting purposes, the method used to account for investments in common stock is determined by o whether the acquisition of the stock by the investor was "friendly" or "hostile" o whether the stock has paid dividends in past years o the extent of an investor's influence over the operating and financial affairs of the investee o the amount paid for the stock by the investor A manager is responsible for costs only in a(n) O cost center O volume center o profit center o investment center