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Sadaf Oman Company reported equity of RO 120,000 on February 1. During the month. The Company generated revenues of RO 30,000, incurred expenses of RO

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Sadaf Oman Company reported equity of RO 120,000 on February 1. During the month. The Company generated revenues of RO 30,000, incurred expenses of RO 22,000, purchased a building for RO 25,000 and paid dividends of RO 6,000 and shareholders made additional investment of Ro 20,000 in return for shares. What is the amount of equity at the end of the month of February? Select one: O a. RO 167,000 b. RO 22,000 O C. RO 122,000 d. RO 142,000

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