_____ Sudee Inc. is a 60%-owned subsidiary of Pudee Inc. For 2006, Sudee reported net income of $200,000, declared dividends of $150,000, and paid dividends of $125,000 ($25,000 remains unpaid at year-end). In the consolidated statement of cash flows for 2006, what amount would be reported for dividends, assuming the parent declared and paid $1,000,000 of dividends?
A) $1,000,000
B) $1,050,000
C) $1,060,000.
D) $1,060,000
E) None of the above.

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The Answer of _____ Sudee Inc. is a 60%-owned subsidiary of Pudee Inc. For 2006, Sudee reported net income of $200,000, declared dividends of $150,000, and paid dividends of $125,000 ($25,000 remains unpaid at year-end). In the consolidated statement of cash flows for 2006, what amount would be reported for dividends, assuming the parent declared and paid $1,000,000 of dividends?
A) $1,000,000
B) $1,050,000
C) $1,060,000.
D) $1,060,000
E) None of the above.