The income statement and additional data of Supplements Plus, Inc. follows: (Click the icon to view...

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The income statement and additional data of Supplements Plus, Inc. follows: (Click the icon to view the income statement.) (Click the icon to view the additional data.) Prepare Supplements Plus's statement of cash flows for the year ended September 30, 2024, using the indirect method. Include a separate section for non-cash investing and financing activities. Complete the statement one section at a time, beginning with the cash flows from operating activities. (Use a minus sign or parentheses for amounts that result in a decrease in cash. If a box is not used in the statement, leave the box empty; do not select a label or enter a zero.) Supplements Plus, Inc. Statement of Cash Flows Year Ended September 30, 2024 Cash Flows from Operating Activities: Net Income Adjustments to Reconcile Net Income to Net Cash Provided by (Used for) Operating Activities: Depreciation Expense-Plant Assets Decrease in Accounts Receivable Increase in Merchandise Inventory Increase in Accounts Payable Decrease in Accrued Liabilities Net Cash Provided by (Used for) Operating Activities Cash Flows from Investing Activities: Cash Receipt from Sale of Land Cash Payment for Acquisition of Plant Assets Net Cash Provided by (Used for) Investing Activities Cash Flows from Financing Activities: Cash Payment of Dividends Cash Payment of Notes Payable Cash Receipt from Issuance of Common Stock Net Cash Provided by (Used for) Financing Activities Net Increase (Decrease) in Cash Cash Balance, September 30, 2023 Cash Balance, September 30, 2024 Non-cash Investing and Financing Activities: Acquisition of Plant Assets by Issuing Note Payable Total Non-cash Investing and Financing Activities $ 30,000 12,000 (9,000) 16,000 (10,000) 26,000 $ 36,340 39,000 75,340 (104,000) (78,000) (7,000) (12,000) 29,000 10,000 Data table Supplements Plus, Inc. Income Statement Year Ended September 30, 2024 Net Sales Revenue $ 234,000 98,000 Cost of Goods Sold Gross Profit 136,000 Operating Expenses: Salaries Expense $ 60,000 30,000 Depreciation Expense-Plant Assets 90,000 Total Operating Expenses Net Income Before Income Taxes 46,000 9,660 Income Tax Expense $ 36,340 Net Income Print Done More info a. Acquisition of plant assets is $117,000. Of this amount, $104,000 is paid in cash and $13,000 by signing a note payable. b. Cash receipt from sale of land totals $26,000. There was no gain or loss. C. Cash receipts from issuance of common stock total $29,000. d. Payment of note payable is $12,000. e. Payment of dividends is $7,000. f. From the balance sheet: 2024 September 30 2023 Cash Accounts Receivable Merchandise Inventory Land Plant Assets $ 34,000 $ 26,660 45,000 57,000 98,000 89,000 71,000 97,000 197,000 80.000 Accumulated Depreciation (40,000) (10,000) Accounts Payable Accrued Liabilities 40,000 24,000 18,000 28,000 Notes Payable (long-term) Common Stock, no par Retained Earnings 13,000 36,000 12,000 7,000 298,000 268,660 Print Done Act The income statement and additional data of Supplements Plus, Inc. follows: (Click the icon to view the income statement.) (Click the icon to view the additional data.) Prepare Supplements Plus's statement of cash flows for the year ended September 30, 2024, using the indirect method. Include a separate section for non-cash investing and financing activities. Complete the statement one section at a time, beginning with the cash flows from operating activities. (Use a minus sign or parentheses for amounts that result in a decrease in cash. If a box is not used in the statement, leave the box empty; do not select a label or enter a zero.) Supplements Plus, Inc. Statement of Cash Flows Year Ended September 30, 2024 Cash Flows from Operating Activities: Net Income Adjustments to Reconcile Net Income to Net Cash Provided by (Used for) Operating Activities: Depreciation Expense-Plant Assets Decrease in Accounts Receivable Increase in Merchandise Inventory Increase in Accounts Payable Decrease in Accrued Liabilities Net Cash Provided by (Used for) Operating Activities Cash Flows from Investing Activities: Cash Receipt from Sale of Land Cash Payment for Acquisition of Plant Assets Net Cash Provided by (Used for) Investing Activities Cash Flows from Financing Activities: Cash Payment of Dividends Cash Payment of Notes Payable Cash Receipt from Issuance of Common Stock Net Cash Provided by (Used for) Financing Activities Net Increase (Decrease) in Cash Cash Balance, September 30, 2023 Cash Balance, September 30, 2024 Non-cash Investing and Financing Activities: Acquisition of Plant Assets by Issuing Note Payable Total Non-cash Investing and Financing Activities $ 30,000 12,000 (9,000) 16,000 (10,000) 26,000 $ 36,340 39,000 75,340 (104,000) (78,000) (7,000) (12,000) 29,000 10,000 Data table Supplements Plus, Inc. Income Statement Year Ended September 30, 2024 Net Sales Revenue $ 234,000 98,000 Cost of Goods Sold Gross Profit 136,000 Operating Expenses: Salaries Expense $ 60,000 30,000 Depreciation Expense-Plant Assets 90,000 Total Operating Expenses Net Income Before Income Taxes 46,000 9,660 Income Tax Expense $ 36,340 Net Income Print Done More info a. Acquisition of plant assets is $117,000. Of this amount, $104,000 is paid in cash and $13,000 by signing a note payable. b. Cash receipt from sale of land totals $26,000. There was no gain or loss. C. Cash receipts from issuance of common stock total $29,000. d. Payment of note payable is $12,000. e. Payment of dividends is $7,000. f. From the balance sheet: 2024 September 30 2023 Cash Accounts Receivable Merchandise Inventory Land Plant Assets $ 34,000 $ 26,660 45,000 57,000 98,000 89,000 71,000 97,000 197,000 80.000 Accumulated Depreciation (40,000) (10,000) Accounts Payable Accrued Liabilities 40,000 24,000 18,000 28,000 Notes Payable (long-term) Common Stock, no par Retained Earnings 13,000 36,000 12,000 7,000 298,000 268,660 Print Done Act