Erbil Electronics Ltd, a renowned electronics retailer in Iraq, provides the following information for the year ended December 31, 2023:

• Net Income: IQD 60,000,000
• Depreciation Expense: IQD 20,000,000
• Increase in Accounts Receivable: IQD 10,000,000
• Decrease in Inventory: IQD 15,000,000
• Increase in Accounts Payable: IQD 5,000,000
• Purchase of Equipment: IQD 30,000,000
• Sale of Land: IQD 50,000,000

Prepare Erbil Electronics Ltd's cash flow statement using the indirect method. Classify cash flows from operating, investing, and financing activities, and interpret the cash flow statement to evaluate the company's liquidity and cash management practices.