8 Barclays Company is preparing the company's statement of cash flows for the fiscal year...
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Finance
8 Barclays Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is available: Retained earninge balance at the beginning of the year Cash dividende declared for the year Proceeds from the sale of equipment Gain on the sale of equipment Cash dividends payable at the beginning of the year Cash dividends payable at the end of the year Net income for the year $ 238,000 51,250 87,200 4,650 22,550 30,500 112,750 The amount of cash paid for dividends was Multiple Choice $43.300 $51,250 $53050 $59.700 O 501.500
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