The cash flow statement for a company for the year ended December 31, 2023, is presented as follows:

Cash Flows from Operating Activities	Amount ($)
Net Income	$1,500,000
Depreciation Expense	$400,000
Increase in Accounts Receivable	$60,000
Decrease in Inventory	($40,000)
Increase in Accounts Payable	$70,000
Interest Expense Paid	($120,000)
Income Tax Paid	($280,000)
Net Cash Provided by Operating Activities	$1,590,000

Cash Flows from Investing Activities	Amount ($)
Purchase of Equipment	($600,000)
Proceeds from Sale of Investments	$50,000
Net Cash Used in Investing Activities	($550,000)

Cash Flows from Financing Activities	Amount ($)
Proceeds from Issuance of Common Stock	$500,000
Repayment of Long-term Debt	($300,000)
Payment of Cash Dividends	($200,000)
Net Cash Provided by Financing Activities	$0

a. Calculate the Cash Flow from Operations using the indirect method. b. Determine the Net Cash Used in Investing Activities and explain its impact on the company’s cash position. c. Analyze the Financing Activities section and discuss its implications for the company’s capital structure and shareholder returns.