What is the complete disclosure in the direct method

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A firm's dividends payable account increased $10,000 during the year. The firm also declared $35,000 of dividends. What is the complete disclosure in the direct method SCF for these events?

a. $25,000 financing cash outflow; $10,000 addition reconciling adjustment

b. $45,000 financing cash outflow

c. $25,000 financing cash outflow

d. $35,000 financing cash outflow

Reference no: EM13747788

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