Harrison Company uses the indirect method to prepare its statement of cash flows. Refer to the following information for the year 2014: 1)Retained Earnings, beginning balance, $138,000
2)Retained Earnings, ending balance, $125,000
"3)Company reported net loss of $13,000 for the year.
What was the amount of dividends declared during the year?"
A)$4,000
B)$2,000
C)Zero
D)$3,000

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The Answer of Harrison Company uses the indirect method to prepare its statement of cash flows. Refer to the following information for the year 2014: 1)Retained Earnings, beginning balance, $138,000
2)Retained Earnings, ending balance, $125,000
"3)Company reported net loss of $13,000 for the year.
What was the amount of dividends declared during the year?"
A)$4,000
B)$2,000
C)Zero
D)$3,000

Harrison Company Uses the Indirect Method to Prepare Its Statement