Question: In each of the following cases, use the information provided about the current year operations of Ivy Company to calculate the indicated cash flow item. Case A: Calculate cash received from dividends? Dividend revenue 14,900 Dividends receivable January 1 1,400 Dividends receivable December 31 1,700 Case B: Calculate cash paid for dividends? Dividend payable, January 1 14,900 Dividend payable, December 31 17,000 Retained Earnings January 1 231,000 Retained Earnings December 31 270,000 Profit 120,000