As an accountant for Apple Inc., you need to prepare the cash flow statement for the quarter ending March 31, 2024, using the following data:

• Net income: $1,000,000
• Depreciation expense: $100,000
• Decrease in accounts receivable: $50,000
• Increase in inventory: $30,000
• Increase in accounts payable: $20,000
• Purchase of equipment: $200,000
• Issuance of common stock: $300,000
• Payment of dividends: $150,000

Prepare the cash flow statement using the indirect method.