The entry to record the payment of a previously declared dividend of $1.00 per share on 12,500 shares of common stock includes a O A. debit to Cash $12,500 B. credit to Cash Dividends for $12,500 C. debit to Cash Dividends for $12,500 D. debit to Dividends Payable for $12,500 To complete the operating activities section of the statement of cash flows using the indirect method, O A. start with net income and adjust for increases or decreases in current assets (other than cash) and current liabilities B. start with net income and adjust for increases or decreases in current assets (other than cash) and Property Plant, and Equipment assets O C. start with net income and adjust for increases or decreases in current assets (other than cash) and long-term liabilities D. start with current assets (other than cash) and adjust for increases or decreases in current and long-term liabilities The following information is for Jason Company for the current year. What is the operating income for the year? Net Sales $210,000 Cost of Goods Sold 139,000 Operating Expenses 31,000 Other Income and (Expenses): Gain on Sale of Equipment 13,000 Loss on Disposal of Equipment (5,000) Income Tax rate 40% A. $53,000 B. $40,000 C. $48,000 OD. $71.000