Microsoft Corporation provided the following financial data for the year 2023:

Item	Amount
Net Income	$16,000,000
Depreciation Expense	$3,200,000
Increase in Accounts Receivable	$1,600,000
Decrease in Inventory	$1,500,000
Increase in Accounts Payable	$1,400,000
Dividends Paid	$2,800,000

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