Prepare a statement of cash flows for Company GHI for the year ended December 31, 2023. The following information is available:

• Net income: $200,000
• Depreciation expense: $50,000
• Increase in accounts receivable: $30,000
• Decrease in inventory: $20,000
• Increase in accounts payable: $10,000
• Purchase of equipment: $100,000
• Sale of long-term investments: $50,000
• Payment of dividends: $20,000
• Proceeds from issuance of common stock: $80,000