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Boston Recyclers Company uses the indirect method to prepare its statement of cash flows. Refer to the following information for 2019: 1. Retained Earnings, beginning
Boston Recyclers Company uses the indirect method to prepare its statement of cash flows. Refer to the following information for 2019: 1. Retained Earnings, beginning balance, $139,000 2. Retained Earnings, ending balance, $120,000 3. There is a net loss of $15,000 for the year. What is the amount of dividends declared during the year? Select one: A. $14,000 OB. $4000 C. $5000 O D. $34,000
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