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The accountant for Sysco Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is available: Net

The accountant for Sysco Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is available:
Net income for the year 290,000
Cash dividends declared for the year 54,000
Cash dividends payable at the beginning of the year 12,400
Cash dividends payable at the end of the year 14,600
What is the amount of cash dividends paid that should be reported in the financing section of the statement of cash flows?
Multiple Choice
$54,000.
$51,800.
$2,200.
$56,200.
$81,000.

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