Prepare a detailed cash flow statement for IBM for the year ended December 31, 2023.

Item	Amount ($)
Net Income	180,000
Depreciation Expense	30,000
Amortization Expense	20,000
Increase in Accounts Receivable	15,000
Increase in Inventory	18,000
Increase in Accounts Payable	10,000
Purchase of Equipment	60,000
Issuance of Common Stock	70,000
Payment of Dividends	25,000

Question:

Using the given data, prepare the detailed cash flow statement for IBM for the year ended December 31, 2023. Classify the cash flows into operating, investing, and financing activities.