Consider the cash flow statement of DEF Enterprises for the year ended December 31, 2023. The company reported the following cash flows:
- Cash flows from operating activities were $50,000.
- Cash flows from investing activities included a $30,000 payment for new equipment.
- Cash flows from financing activities recorded a $20,000 loan received.
Based on the information provided, what was DEF Enterprises' net cash flow for the year?