Close Window Moving to another question will save this response. Question 16 Question 16 of 52 The following information was drawn from the year-end balance sheets of Co.AA. 2 points Saved Year 2 Year 1 Bonds payable $224,0 311. 00 000 Common stock 166,5 117 00 500 Treasury stock 71,50 42,5 0 00 Retained earnings 71,00 57,5 0 00 The amount of net Income shown on the Year 2 income statement was $47,500. There was no beginning or ending balance in the Dividends Payable account. What is the amount of cash outflows for dividends? $79,000 $34,000 $71,500 $13,500 Moving to another question will save this response. Question 16 of 52 Close Window MacBook Pro 3 7 Ziz zaw E R Y