Calculate Cash Flow from Operating Activities

Company PQR has just released its cash flow statement for the year ending December 31, 2023. The statement includes the following data:

• Net income: $800,000
• Depreciation expense: $200,000
• Change in accounts receivable: $50,000 increase
• Change in accounts payable: $30,000 decrease
• Cash paid for equipment: $150,000

Using the indirect method, what is the net cash provided by operating activities?