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3: Dhofar Co.had the following information in 2020: Issuance of common stock 34000 Payment of dividends. Bank loan repaid Purchase of equipment 16000 22000 65000

3: Dhofar Co.had the following information in 2020: Issuance of common stock 34000 Payment of dividends. Bank loan repaid Purchase of equipment 16000 22000 65000 Issuance of bonds payable 33000 Sale of fixed assets 29000 Decrease in Accounts receivable 14000 Purchase of short term investment 15000 Increase of prepaid expenses 13800 Purchase of land 50000 Net Profit 37800 Depreciation 18500 Amortization 9500 Prepare cash flows statement

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