Question: Prepare a cash flow statement for Facebook Inc. for the year ended December 31, 20X4, using the direct method. Use the following information: Cash received

  1. Prepare a cash flow statement for Facebook Inc. for the year ended December 31, 20X4, using the direct method. Use the following information:
    • Cash received from customers: $10,000,000
    • Cash paid for operating expenses: $4,000,000
    • Cash paid for interest: $500,000
    • Cash paid for taxes: $1,500,000
    • Purchase of property, plant, and equipment: $2,000,000

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