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CVS Health Corporation provided the following financial data for the year 2023: Item Amount Net Income $11,000,000 Depreciation Expense $2,200,000 Increase in Accounts Receivable $1,100,000

CVS Health Corporation provided the following financial data for the year 2023:

Item

Amount

Net Income

$11,000,000

Depreciation Expense

$2,200,000

Increase in Accounts Receivable

$1,100,000

Decrease in Inventory

$1,000,000

Increase in Accounts Payable

$900,000

Dividends Paid

$1,800,000

Prepare the cash flow statement using the indirect method for CVS Health Corporation for the year ending December 31, 2023.

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