13. Dhofar Metal Corporation's comparative Balance sheets are presented below. DHOFAR METAL Corporation Comparative Balance Sheets, Dec. 31 2020 2019 Cash $ 30,400 $ 35,400 Accounts receivable 50,400 44,600 Investments 40,000 32,000 Equipment 120,000 140,000 Accumulated depreciation - Equipment (28,000) (20,000) Total $212,800 $232,000 Accounts payable $ 29,200 $ 22,200 Bonds payable 20,000 60,000 Common stock 100,000 90,000 Retained earnings 63.600 59,800 Total $212,800 $232,000 Additional Information: a. Net income was $36,600. Dividends declared and paid were $32,800. b. Equipment which cost $20,000 and had accumulated depreciation of $2,400 was sold for $6,600 c. No noncash investing and financing activities occurred during 2020. Required: Prepare a statement of cash flows for 2020 using the indirect method