The income statement and additional data of Nebraska Milling Company follow.

Additional data:

a. Collections from customers are \(\$ 7,000\) more than sales.

b. Payments to suppliers are \(\$ 9,000\) less than the sum of cost of goods sold plus advertising expense.

c. Payments to employees are \(\$ 1,000\) more than salary expense.

d. Dividend revenue, interest expense, and income tax expense equal their cash amounts.

e. Acquisition of plant assets is \(\$ 116,000\). Of this amount, \(\$ 101,000\) is paid in cash, \(\$ 15,000\) by signing a note payable.

f. Proceeds from sale of land, \(\$ 14,000\).
g. Proceeds from issuance of common stock, \(\$ 30,000\).
h. Payment of long-term note payable, \(\$ 15,000\).
i. Payment of dividends, \(\$ 11,000\).
j. Increase in cash balance, \(\$\) ?
Prepare Nebraska Milling Company's statement of cash flows and accompanying schedule of noncash investing and financing activities. Report operating activities by the direct method.
Computing amounts for the

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Revenues: NEBRASKA MILLING COMPANY INCOME STATEMENT YEAR ENDED SEPTEMBER 30, 19X2 Sales revenue.... $229,000 Dividend revenue... 8,000 $237,000 Expenses: Cost of goods sold 103,000 Salary expense 45,000 Depreciation expense. 29,000 Advertising expense 11,000 Interest expense... 2,000 Income tax expense. 9,000 199,000 Net income $ 38,000