The proposed final dividend for the year ended 31 December 2018 was 215,000, this was paid in January 2019. The final dividend for the year ended 31 December 2019 was 250,000, which was proposed on the 25 December 2019 and approved in January 2020. An interim dividend for the year ended 31 December 2019 of 125,000 was paid during the year.

In accordance with IAS 7 Statement of Cash Flows what is the figure for dividends paid which will appear in the statement of cash flows for the year ended 31 December 2019?

Select one:

90,000

340,000

250,000

590,000