Analysis of Cash Flow Statement for ABC Enterprises

ABC Enterprises has released its cash flow statement for the fiscal year ending December 31, 2023. The cash flow statement indicates that net cash provided by operating activities was $120,000, cash used in investing activities was $40,000, and cash provided by financing activities was $50,000. During the year, the company paid out $15,000 in dividends and repaid $10,000 of long-term debt.

Given this information, which of the following statements is true regarding ABC Enterprises' cash flow situation?