Describe how each of the following events would be disclosed on a statement of cash flows (indirect method).

Include all disclosures resulting from each event.

Indicate in which section(s) of the statement of cash flows the event would be found.

Include whether the event is an inflow or outflowand the amount.

If not disclosed, explain why. (h) Cash dividends paid, $60,000.

(h) Cash dividends paid, $60,000.