Current Attempt in Progress

The balance in retained earnings at December $31,2024$ was $$1449000$ and at December $31,2025$ was $$1162000.$ Net income for

$2025$ was $$1011000.$ A stock dividend was declared and distributed, increasing common stock by $$504000$ and paid$-$in capital by

$$220000.$ A cash dividend was also declared and paid.

The stock dividend should be reported on the statement of cash flows $($indirect method$)$ as

stock dividends are not shown on a statement of cash flows.

an outflow from investing activities of $$724000.$

an outflow from financing activities of $$724000.$

an outflow from financing activities of $$504000.$