Alphabet Inc.'s provided the following financial data for the year 2023: Item Amount Net Income $18,000,000 Depreciation
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Question:
Alphabet Inc.'s provided the following financial data for the year 2023:
Item | Amount |
Net Income | $18,000,000 |
Depreciation Expense | $3,500,000 |
Increase in Accounts Receivable | $1,800,000 |
Decrease in Inventory | $1,700,000 |
Increase in Accounts Payable | $1,600,000 |
Dividends Paid | $3,400,000 |
Prepare the cash flow statement using the indirect method for Alphabet Inc. for the year ending December 31, 2023.
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