You are the forensic accountant for Procter & Gamble Co. and need to analyze the following financial data for the fiscal year ending June 30, 2023:

• Net income: $12,000,000
• Depreciation expense: $2,000,000
• Increase in accounts receivable: $800,000
• Decrease in inventory: $400,000
• Increase in accounts payable: $1,200,000
• Decrease in accrued liabilities: $200,000
• Purchase of equipment: $3,200,000
• Issuance of common stock: $4,800,000
• Payment of dividends: $1,600,000

Prepare the cash flow statement for Procter & Gamble Co. using the indirect method.