Alphabet Inc.'s cash flow statement for the year ended December 31, 2023, provides the following data:

Operating Activities:

• Net Income: $30,000,000
• Depreciation Expense: $8,000,000
• Increase in Accounts Receivable: $1,500,000
• Decrease in Inventory: ($800,000)
• Increase in Accounts Payable: $2,200,000
• Interest Expense Paid: ($700,000)
• Income Tax Paid: ($10,000,000)
• Net Cash Provided by Operating Activities: $30,200,000

Investing Activities:

• Purchase of Property, Plant, and Equipment: ($9,000,000)
• Proceeds from Sale of Investments: $3,000,000
• Net Cash Used in Investing Activities: ($6,000,000)

Financing Activities:

• Proceeds from Issuance of Long-term Debt: $12,000,000
• Repayment of Short-term Borrowings: ($2,000,000)
• Payment of Cash Dividends: ($8,000,000)
• Net Cash Used in Financing Activities: $2,000,000

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