The accountant for sysco company is preparing the companies statement of cash flow for the fiscal year just ended. the following information is available net income for the year 320000 cash dividends declared for the year 60,000 cash dividends payable at the beginning of the year 13,600 cash dividends payable at the end of the year 16,400. What is the amount of cash dividends paid that should be reported in the financial section of the statement of cash?