1. Prepare a detailed cash flow statement for Alphabet Inc. (Google) for the year ended December 31, 2023.
2. Calculate the Net Cash Provided by Operating Activities.
3. Calculate the Free Cash Flow.

Item	Amount ($)
Net Income	500,000
Depreciation Expense	100,000
Amortization Expense	60,000
Increase in Accounts Receivable	50,000
Increase in Inventory	70,000
Increase in Accounts Payable	40,000
Purchase of Equipment	200,000
Issuance of Common Stock	150,000
Payment of Dividends	80,000

Question:

Using the given data, prepare the detailed cash flow statement for Alphabet Inc. (Google) for the year ended December 31, 2023. Calculate the Net Cash Provided by Operating Activities and the Free Cash Flow.