he following information was drawn from the year-end balance sheets of White, Inc. Bonds payable Common stock Treasury stock Retained earnings Year 2 $230,000 Year 1 $320,000 180,000 125,000 85,000 50,000 80,000 65,000 The amount of net income shown on the Year 2 income statement was $55.000 There was no beginning or ending balance in the Dividends Payable account Whit is the amount cash outflows for dividends? Mumple Choice $40000 $45.000