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Facebook, Inc wants to prepare its Cash Flow Statement for the year ended December 31, 2023. The following information is available: Net Income: $5,000,000 Depreciation

Facebook, Inc wants to prepare its Cash Flow Statement for the year ended December 31, 2023. The following information is available:

  • Net Income: $5,000,000
  • Depreciation Expense: $1,000,000
  • Increase in Accounts Receivable: $500,000
  • Increase in Inventory: $300,000
  • Decrease in Accounts Payable: $200,000
  • Capital Expenditures: $2,000,000
  • Dividends Paid: $1,000,000

Prepare the Cash Flow Statement for Facebook, Inc and analyze its cash flow activities.

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