Boston Recyclers Company uses the indirect method to prepare its statement of cash flows. Refer to the following information for 2025: 1. Retained Earnings, beginning balance, $142,000 2. Retained Earnings, ending balance, $12,000 3. There is a net loss of $17,000 for the yeal A. $2,000 B. $16,000 1. Retained Earnings, beginning balance, $142,000 2. Retained Earnings, ending balance, $123,000 3. There is a net loss of $17,000 for the year. What is the amount of dividends declared during the year? C. $8,000 D. $36,000