QUESTION 11 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, S140,000 2. Retained Earnings, ending balance, $120,000 3. There is a net loss of $10,000 for the year. What is the amount of dividends declared during the year? O $10,000 O $20,000 $0 O $30,000 QUESTION 11 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, S140,000 2. Retained Earnings, ending balance, $120,000 3. There is a net loss of $10,000 for the year. What is the amount of dividends declared during the year? O $10,000 O $20,000 $0 O $30,000