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Tesla, Inc. provided the following information for the year ended December 31, 20X4: Net Income: $500 million Depreciation Expense: $100 million Increase in Accounts Receivable:

  1. Tesla, Inc. provided the following information for the year ended December 31, 20X4:
  • Net Income: $500 million
  • Depreciation Expense: $100 million
  • Increase in Accounts Receivable: $50 million
  • Decrease in Inventory: $20 million
  • Increase in Accounts Payable: $30 million
  • Purchase of Property, Plant, and Equipment: $200 million
  • Sale of Marketable Securities: $80 million Prepare the cash flow statement using the indirect method.

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