Data Table Supplements Plus, Inc. Income Statement Year Ended September 30, 2018 Net Sales Revenue $ 233.000 89,000 Cost of Goods Sold Gross Profit 144,000 Operating Expenses Salaries Expense $ 60,000 30,000 Depreciation Expense-Plant Assets 90,000 Total Operating Expenses Net Income Before Income Taxes 54,000 8,000 Income Tax Expense $ 46,000 Net Income Print Done More Info a. Acquisition of plant assets is $118,000. Of this amount, $103,000 is paid in cash and $15,000 by signing a note payable. b. Cash receipt from sale of land totals $24,000. There was no gain or loss. Cash receipts from issuance of common stock total $29.000. d. Payment of note payable is $14.000 e. Payment of dividends is $12,000. f. From the balance sheet: September 30 2018 2017 Cash Accounts Receivable Merchandise Inventory $ 37,000 $ 27,000 45,000 59,000 93,000 85,000 Land 74,000 98,000 Plant Assets 203,000 85,000 (62,000) (32,000) 30,000 17,000 20.000 29,000 Accumulated Depreciation Accounts Payable Accrued Liabilities Notes Payable (long-term) Common Stock, no par Retained Earnings 15,000 14,000 36,000 7,000 289,000 255,000 3 Homework: Chapter 16 - Homework Fowler Question 6, E16-21 Part 1 of 4 The income statement and additional data of Supplements Plus, Inc. tous Chk the icon to view the income statement. Click the icon to view the additional data) Prepare Supplements Puss statement of cash flows for the year ended September 30, 2015, using the indirect method include a separate section for non-cash investing and to Complete the statement one section at a time beginning with the cash nous from operating activnes. Use a minus sign or parentheses for amounts that result in a decrease in Supplements Plus, in Statement of Cash Flows Data Table Year Ended September 30, 2018 Cash Flows from Operating Acties Supplements Plus, inc. Adjustments to Reconcile Net Income to Net Cash Year Ended September 30, 2018 Provided by (Used for Operating Activities Net Income Income Statement Net Sales Revenue Cost of Goods Sold Cross Profit Operating Expenses Salaries Expense Depreciation Expense Plant Assets Total Operating Expenses Net Income Before Income Taxes 5 60,00 30.00 Net Cash Provided by used for) Operating Activities