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

Dhofar Co. had the following information in 2020:

Issuance of common stock 34000

Payment of dividends 16000

Bank loan repaid 22000

Purchase of equipment 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, use indirect method for operating cash flow.

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