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McDonald's Corporation provided the following financial data for the year 2023: Item Amount Net Income $5,000,000 Depreciation Expense $900,000 Increase in Accounts Receivable $500,000 Decrease

McDonald's Corporation provided the following financial data for the year 2023:

Item

Amount

Net Income

$5,000,000

Depreciation Expense

$900,000

Increase in Accounts Receivable

$500,000

Decrease in Inventory

$450,000

Increase in Accounts Payable

$400,000

Dividends Paid

$800,000

Prepare the cash flow statement using the indirect method for McDonald's Corporation for the year ending December 31, 2023.

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