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Marshland Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is available: Cash dividends declared for

Marshland Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is available: Cash dividends declared for the year $40,000 Cash dividends payable at the beginning of the year $17,000 Cash dividends payable at the end of the year $13,000 The amount of cash paid for dividends was: $53,000. $44,000. $36,000. $40,000. $57,000.

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