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3) Statement of cash flows. A comparative balance sheet for Donahue Corporation is presented below. December 31 Assets 2020 2019 Cash $ 68,000 $ 22,000

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3) Statement of cash flows. A comparative balance sheet for Donahue Corporation is presented below. December 31 Assets 2020 2019 Cash $ 68,000 $ 22,000 Accounts receivable 82,000 66,000 Inventory 170,000 189,000 Land 71,000 110,000 Equipment 280,000 200,000 Accumulated depreciation equipment (74,000) (42,000) Total $597.000 $545,000 Liabilities and Stockholders' Equity Accounts payable Bonds payable Common stock (S1 par) Retained earnings Total $ 34,000 $ 47,000 150,000 200,000 164,000 164,000 249,000 134,000 S597,000 $545,000 Additional information: 1. Net income for 2020 was $155,000; there were no gains or losses. 2. Cash dividends of $40,000 were declared and paid. 3. Bonds payable of $50,000 were retired. Instructions: Compute each of the following: 1. Net cash provided by operating activities 2. Net cash provided (used) by investing activities 3. Net cash provided (used) by financing activities

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