A company reports the following cash flow activities for the year ending December 31, 2023:

• Net Income: $400,000
• Depreciation Expense: $50,000
• Increase in Accounts Receivable: $30,000
• Decrease in Inventory: $20,000
• Increase in Accounts Payable: $10,000
• Purchase of Equipment: $150,000
• Proceeds from Issuance of Common Stock: $200,000
• Payment of Dividends: $50,000
• Repayment of Long-term Debt: $100,000

Using the provided information, perform the following analyses:

• Calculate the Net Cash Provided by Operating Activities by adjusting Net Income for non-cash items and changes in working capital accounts.
• Determine the Net Cash Used in Investing Activities, including the purchase of equipment, and discuss how this section reflects the company’s investment in long-term assets.