Cash Flow Statement Preparation:

 Prepare a cash flow statement for Company ABC for the year ended December 31, 20XX, using the indirect method. The following information is available:

• Net Income: $100,000
• Depreciation Expense: $20,000
• Increase in Accounts Receivable: $15,000
• Decrease in Inventory: $10,000
• Increase in Accounts Payable: $5,000
• Purchase of Equipment: $50,000
• Sale of Investments: $30,000
• Payment of Dividends: $25,000

Requirements:

1. Calculate the net cash provided by operating activities.
2. Determine the net cash used in investing activities.
3. Identify the net cash provided by financing activities.