REFERENCE: Ref.06_05 The Following Information Has Been Taken from the Consolidation Worksheet

REFERENCE: Ref.06_05
The following information has been taken from the consolidation worksheet of Graham Company and its 80% owned subsidiary,Stage Company.
(1. ) Graham reports a loss on sale of land of $5,000.The land cost Graham $20,000.
(2. ) Noncontrolling interest in Stage's net income was $30,000.
(3. ) Graham paid dividends of $15,000.
(4. ) Stage paid dividends of $10,000.
(5. ) Excess acquisition-date fair value over book value was expensed by $6,000.
(6. ) Consolidated accounts receivable decreased by $8,000.
(7. ) Consolidated accounts payable decreased by $7,000.
-How will dividends be reported on consolidated statement of cash flows?

A) $15,000 decrease as a financing activity.
B) $25,000 decrease as a financing activity.
C) $10,000 decrease as a financing activity.
D) $23,000 decrease as a financing activity.
E) $17,000 decrease as a financing activity.