1. Alphabet Inc. reported the following cash flow information for the fiscal year ended December 31, 2023:
   • Net Income: $3,500,000
   • Depreciation and Amortization Expense: $600,000
   • Increase in Accounts Receivable: $150,000
   • Decrease in Inventory: ($75,000)
   • Increase in Accounts Payable: $100,000
   • Interest Expense Paid: ($250,000)
   • Income Tax Paid: ($500,000)
   • Net Cash Provided by Operating Activities: $4,000,000
   • Cash Flows from Investing Activities: ($2,500,000)
   • Cash Flows from Financing Activities: $1,200,000

a. Calculate Alphabet Inc.'s Operating Cash Flow using the indirect method. b. Determine Alphabet Inc.'s Free Cash Flow for the fiscal year. c. Analyze the financing activities section and discuss its impact on Alphabet Inc.'s capital structure. d. Evaluate Alphabet Inc.'s liquidity position based on changes in accounts receivable, inventory, and accounts payable. e. Discuss the implications of Alphabet Inc.'s cash flows on its ability to invest in future growth initiatives. f. Recommend strategies Alphabet Inc. could implement to optimize its cash flow management based on the provided data.