Cash Flow from Operating Activities Calculation

Consider a fictional company, GHI Solutions, which has just released its cash flow statement for the year ended December 31, 2023. In that period, GHI Solutions reported:

- Net income: $200,000

- Depreciation expense: $50,000

- Increase in accounts receivable: $30,000

- Increase in accounts payable: $20,000

- Purchase of equipment: $100,000

- Proceeds from issuing common stock: $50,000

Using this information, what will be the cash flow from operating activities using the indirect method?