The balance in retained earnings at December 31, 2024 was $1449000 and at December 31, 2025 was $1162000. Net income for 2025 was $1011000. A stock dividend was declared and distributed, increasing common stock by $504000 and paid-in capital by $220000. A cash dividend was also declared and paid. The stock dividend should be reported on the statement of cash flows (indirect method) as O an outflow from financing activities of $724000. stock dividends are not shown on a statement of cash flows. O an outflow from financing activities of $504000. O an outflow from investing activities of $724000.