A company’s cash flow statement for the year ended December 31, 2023, is summarized below:

• Net Income: $1,800,000
• Depreciation Expense: $350,000
• Increase in Accounts Receivable: $70,000
• Decrease in Inventory: ($20,000)
• Increase in Accounts Payable: $50,000
• Interest Expense Paid: ($150,000)
• Income Tax Paid: ($300,000)
• Net Cash Provided by Operating Activities: $1,800,000
• Purchase of Equipment: ($500,000)
• Proceeds from Sale of Investments: $100,000
• Net Cash Used in Investing Activities: ($400,000)
• Proceeds from Issuance of Long-term Debt: $700,000
• Repayment of Short-term Borrowings: ($100,000)
• Payment of Cash Dividends: ($250,000)
• Net Cash Provided by Financing Activities: $350,000

a. Calculate the Cash Flow from Operations using the indirect method. b. Determine the Net Cash Used in Investing Activities and explain its implications for the company’s growth strategy. c. Analyze the Financing Activities section and discuss its impact on the company’s capital structure and liquidity.