Netflix, Inc. Cash Flow Details for the Year 2023:

• Net Income: $4,000,000
• Depreciation Expense: $1,500,000
• Change in Working Capital: ($300,000)
• Purchase of Content Assets: $2,200,000
• Repayment of Short-term Debt: $1,000,000

Requirements:

1. Prepare the Cash Flow Statement using the indirect method.
2. Calculate the Net Cash provided by Operating Activities.
3. Determine the Net Cash used in Investing Activities.
4. Calculate the Net Cash provided by Financing Activities.
5. Assess Netflix, Inc.'s cash position at the end of the year.