Cash Flow from Operating Activities Calculation

ABC Corp. is preparing its financial statements for the year ended December 31, 2023. The following information is provided:

- Net Income: $500,000

- Depreciation Expense: $100,000

- Increase in Accounts Receivable: $50,000

- Decrease in Accounts Payable: $30,000

- Sale of Equipment: $80,000 (original cost of $150,000, accumulated depreciation of $70,000)

Using the indirect method, what is the total net cash provided by operating activities reported in the Cash Flow Statement?