Harrison Company Uses the Indirect Method to Prepare Its Statement

Multiple Choice

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