Acet 2301 Summer (2) 20:20 Homework: Ch 14 Part 4 - E14-21 (Indirect Method) Jad Hoffmeyer & 08/10/2056 PM Score: 0 of 1 pt 1 of complete E14-21 (similar to) HW Score 0%, 0 of 1 The income statement and additional data of Dolly Plus, Inc. follow (Click the icon to view the income statement) Click the con to view the additional data) Prepare Daily Pule statement of cash flows for the year ended September 30, 2018, using the indred method. Include a separate section for rencah meresting and funding the Complete the statement one section at a time, beginning with chows from operating advie. (Use a minus signerparties for anourts that readere in case. There weber de not let a label or enter) Daily Plus, in Statement of Cash Flows Data Table Year Ended September 30, 2018 Cash Flows from Operating Activities DailyPlus, ne Net Income Income met Adjustments to Reconcilie Norincome to Net Cash Year Ended September 30, 2018 Provided by (Used for) Operating Active Net Sales Revenue 19.000 Cost of Goods Sold Gross Prote 148.000 Operating Expenses Series Expense 1 st 20.000 Depreciation Expense-Pants 77.000 Total Operating Expres 72.000 Net Income Before Income Taxes Nel Cash Provided by Noering Active Income Tax Expense 1000 Net Income Print Done Choose from any list or enter any number in the input fields and then click Check Answer Clear parts Jaci Hoffmeyer & 08/10/= Method) 1 of 1 (0 complete) HW Score: Questio d. Inclu * More Info minus si Jement, leave the bo a. Acquisition of plant assets is $114,000. Of this amount, $102,000 is paid in cash and $12,000 by signing a note payable. b. Cash receipt from sale of land totals $24,000. There was no gain or loss. c. Cash receipts from issuance of common stock total $30,000. d. Payment of note payable is $11,000. e. Payment of dividends is $15,000. f. From the balance sheet: September 30 2018 2017 Cash $ 35,000 $ 6,000 Accounts Receivable 44,000 55,000 Merchandise Inventory 89,000 86,000 Land 83,000 107.000 Plant Assets 194,000 80,000 Accumulated Depreciation (56,000) (30,000) Accounts Payable 39,000 26,000 Accrued Liabilities 14,000 23,000 Notes Payable (long-term) 12,000 11,000 Common Stock, no par 39,000 9,000 Retained Earnings 285,000 235,000 Print Done Check Answer Clear All