Question: If a company declared cash dividends during the year of $40,000 but you noticed that the Dividends Payable account had increased from $8,000 at the

If a company declared cash dividends during the year of $40,000 but you noticed that the Dividends Payable account had increased from $8,000 at the beginning of the year to $10,000 at the end of the year, what amount pertaining to dividends would appear on the statement of cash flows?

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